BTC breaks through 94,000 USDT, market enthusiasm continues to rise

According to the latest news, BTC has broken through the 94,000 USDT integer barrier, with the current price at 94,007 USDT. This is another significant sign of the recent market continued upward trend. From the data, BTC has increased by 2.26% in the past 24 hours, 1.77% over 7 days, and 5.81% over 30 days, with market enthusiasm clearly rising.

Multi-dimensional Market Performance

Price trend remains steadily rising

Looking at recent price performance, BTC’s gains show a gradual acceleration:

The 30-day increase is significantly higher than the 7-day and 24-hour increases, indicating that this upward trend has been gradually building over a longer period rather than short-term speculation. Breaking through the 94,000 USDT integer mark signifies further improvement in market sentiment.

Market dominance remains solid

BTC’s market capitalization has reached $1.88 trillion, accounting for 58.83% of the entire cryptocurrency market. This means BTC’s price movements directly influence the overall crypto market trend. Its market share continues to stay high, reflecting investors’ increasing recognition of BTC as “digital gold.”

The 24-hour trading volume has reached $4.107 billion, slightly down (-1.67%) compared to the previous day, but volume remains high, indicating sustained market participation.

Supply remains stable

BTC circulating supply is 19,975,465 coins, with 95.12% already in circulation, close to the maximum supply of 21,000,000 coins. This scarcity reinforces the perceived value of BTC to some extent.

Key Points to Watch Next

• Sustainability of Breakthrough: Whether BTC can stay stably above 94,000 USDT is crucial, as it relates to the continuation of market sentiment.
• Resistance at Integer Barriers: Next technical resistance levels may be at 95,000, 96,000, etc.
• Market Participation: Changes in trading volume will directly reflect the true enthusiasm of market participants.

Summary

BTC successfully breaking through 94,000 USDT is another important confirmation of the recent market upward trend. The 30-day 5.81% increase, 58.83% market share, and $4.1 billion daily trading volume all point to one conclusion: demand for BTC is increasing, and investor expectations for the future are improving. Of course, breaking through integer barriers often attracts more traders’ attention, and whether BTC can hold this position will be an important reference for judging the strength of the market.