#BTC Surpasses $105,000#

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Overview

Bitcoin prices have been volatile recently, breaking through the $105,000 mark before falling back below $104,000. As of now, the BTC/USDT trading price is $105,016.00, with a 24-hour gain of 1.95%. At the same time, Ethereum prices have also fluctuated, falling below $3,300 before recovering to a current trading price of $3,306.20, with a 24-hour gain of 1.73%. It's worth noting that Ethereum's market cap share has decreased by 2.22% in the past 24 hours, now standing at 10.99%.

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Analysis

Bitcoin (BTC) recently broke through the $105,000 mark, with the BTC/USDT trading pair on the OKX platform reaching $105,016 at one point, marking a 1.95% rise in the past 24 hours. Although BTC had previously dipped below the $104,000 mark, it quickly rebounded, demonstrating strong market momentum. Notably, ETH's market cap share has declined recently, currently sitting at 10.99%. Its 24-hour trading volume stands at $30 billion, with a circulating market cap of $403.5 billion, representing a 2.22% decline in market cap share. Despite a 1.73% rise in ETH's price over the past 24 hours, breaking through the $3,300 mark, the decline in its market cap share may reflect a heightened focus on BTC and stronger investor confidence in BTC. Overall, BTC's breakthrough of $105,000 indicates that market optimism towards cryptocurrencies persists, but the decline in ETH's market cap share reminds investors of the market's volatility and the need for cautious investment.

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Classic Views

BTC price fluctuates sharply. After breaking through the $105,000 mark in the short term, it fell below the $104,000 mark.

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BTC price has risen significantly, with a 24-hour increase of over 1.95%.

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ETH price also fluctuated, with a 24-hour increase of over 1.73%, but its market share has decreased.

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Market conditions are changing rapidly, and investors need to pay close attention to market fluctuations.

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