Bitcoin Tops $96,000; Ethereum, XRP, Dogecoin Rally On Crypto Bill Progress: Analyst Says ‘Dips Are For Buying’ As $100,000 Comes In Focus For BTC
Leading cryptocurrencies surged on Tuesday as the Senate prepares for the markup of a key bill aimed at regulating the cryptocurrency market.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:20 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +4.43% | $95,374.58 |
| Ethereum (CRYPTO: ETH) |
+7.16% | $3,327.98 |
| XRP (CRYPTO: XRP) | +5.29% | $2.16 |
| Solana (CRYPTO: SOL) | +4.52% | $145.52 |
| Dogecoin (CRYPTO: DOGE) | +8.25% | $0.1482 |
Crypto Market Rebounds
Bitcoin rose above $96,000 for the first time in nearly two months ,with trading volume surging 45% over the last 24 hours. The leading cryptocurrency is now up 9.29% in 2026.
Ethereum also rallied to a 2-month high of $3,350, while XRP and Dogecoin also recorded sharp spikes.
The rally comes after the Senate Banking Committee released a draft bill for the key cryptocurrency market structure bill, defining altcoins as similar to Bitcoin and Ethereum. The Committee marks up the bill Thursday
Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR) and Coinbase Global Inc. (NASDAQ:COIN), closed up 6.63% and 4%, respectively
Benzinga Edge delivers real-time stock alerts, trade ideas, and professional investing tools to help you navigate the market. Find out more about MSTR and COIN here.
Nearly $680 million was liquidated from the cryptocurrency market in the last 24 hours, according to Coinglass, with $592 million in bearish shorts wiped out.
Bitcoin’s …
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