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Crypto prices today: BTC climbs over $87K, XRP surges close to 3%

The cryptocurrency market staged a solid recovery over the last 24 hours, with the total market capitalization rising 2.86% to $2.76 trillion.

Trading volumes also surged, climbing 47.89% to $66.63 billion, indicating renewed investor activity after a subdued stretch.

Bitcoin, Ethereum, and XRP extended their recovery on Monday.

The top 10 cryptocurrencies by market capitalisation were largely in positive territory, with prices either flat or slightly higher over the past 24 hours.

Bitcoin (BTC) price today

Bitcoin traded at $87,471.37, up over 3% in the past 24 hours.

The coin’s 24-hour trading range was between $83,976.85 and $87,679.23.

Bitcoin’s market dominance edged up by 0.25 percentage points to 63.07%, reaffirming its position as the market anchor amid a cautious but improving sentiment.

This comes as Metaplanet purchased another 330 Bitcoins in a bulk deal valued at $28.2 million.