Bitcoin reaches $92,000 as Ethereum and XRP see significant gains. Altcoins like ICNT and Keeta surge, boosting market optimism. Crypto market explodes with majorBitcoin reaches $92,000 as Ethereum and XRP see significant gains. Altcoins like ICNT and Keeta surge, boosting market optimism. Crypto market explodes with major

Bitcoin Soars to $92,000 Ethereum & XRP Surge – Find Out What’s Driving This Boom!

2025/12/12 15:08
  • Bitcoin reaches $92,000 as Ethereum and XRP see significant gains.
  • Altcoins like ICNT and Keeta surge, boosting market optimism.
  • Crypto market explodes with major gains across Bitcoin, Ethereum, XRP.

The cryptocurrency market has been experiencing a massive surge, with Bitcoin hitting an impressive $92,495.10. This marks a 2.5% increase in just 24 hours, sending shockwaves through the market. Bitcoin’s daily trading volume reached an astounding $46 billion, pushing its market cap to a remarkable $1.85 trillion. This rapid growth is fueling investor optimism and solidifying Bitcoin’s dominance in the digital currency space.


Ethereum, the second-largest cryptocurrency, is not far behind. It surged 1.5% over the past 24 hours, pushing its price to $3,251.25. Ethereum’s trading volume climbed to $24.7 billion, bringing its market cap to approximately $392.5 billion. As Ethereum continues to gain momentum, the market is buzzing with speculation about its future price movements and its role in driving the overall market forward.


XRP, which has been gaining traction due to its ongoing developments in the financial sector, also posted strong gains. The token is now trading at $2.04, reflecting a 1.4% increase in the last 24 hours. XRP’s trading volume stood at $2.94 billion, boosting its market cap to $123 billion. Investors are closely watching XRP’s potential to capitalize on its growing use cases and recent legal victories.


Also Read: Latest: Major XRP Metric Drops Over 80% – What This Means for Price


The Surge of Altcoins: The Rising Stars of Crypto

In addition to Bitcoin, Ethereum, and XRP, several altcoins are seeing tremendous growth. Impossible Cloud Network Token (ICNT) has skyrocketed by 43.3%, reaching $0.3638 with a trading volume of $10.7 million. Keeta (KTA) has also soared, gaining 34% and reaching $0.3194, signaling a growing appetite for altcoins among investors.


Other tokens like TROLL, Jelly-My-Jelly, and Usual have experienced massive gains as well. TROLL surged by 39.9%, now priced at $0.04189, while Jelly-My-Jelly saw a 21.9% increase, pushing its value to $0.07092. These altcoins’ impressive price action has sparked renewed interest in the crypto market, leaving many investors eager to uncover the next big winner.


Market Outlook: Why This Boom Could Be Just the Beginning

The significant surge in Bitcoin’s price, alongside the solid performance of Ethereum and XRP, points to a thriving cryptocurrency market. Investors are increasingly optimistic about the future of digital assets, with many believing this is just the beginning of a new bullish cycle. The rise of altcoins further suggests that the market is diversifying, offering new opportunities for investors.


While the market remains volatile, the current trend of growth in both major coins and altcoins is fueling confidence in the long-term potential of cryptocurrencies. With institutional adoption and increasing public interest, the future of the crypto market looks incredibly promising.


Also Read: Shiba Inu Faces Obstacles in Achieving Price Rally Amid Market Stagnation


The post Bitcoin Soars to $92,000 Ethereum & XRP Surge – Find Out What’s Driving This Boom! appeared first on 36Crypto.

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OFAC Designates Two Iranian Finance Facilitators For Crypto Shadow Banking

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The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Iranian financial facilitators for coordinating over $100 million worth of cryptocurrency in oil sales for the Iranian government, a September 16 press release shows. OFAC Sanctions Iranian Nationals According to the Tuesday press release, Iranian nationals Alireza Derakhshan and Arash Estaki Alivand “used a network of front companies in multiple foreign jurisdictions” to transfer the digital assets. OFAC alleges that Alivand and Derakhshan’s transfers also involved the sale of Iranian oil that benefited Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and the Ministry of Defense and Armed Forces Logistics (MODAFL). IRGC-QF and MODAFL then used the proceeds to support regional proxy terrorist organizations and strengthen their advanced weapons systems, including ballistic missiles. U.S. officials say the move targets shadow banking in the region, where illicit financial actors use overseas money laundering and digital assets to evade sanctions. “Iranian entities rely on shadow banking networks to evade sanctions and move millions through the international financial system,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence John K. Hurley. “Under President Trump’s leadership, we will continue to disrupt these key financial streams that fund Iran’s weapons programs and malign activities in the Middle East and beyond,” he continued. Dozens Designated In Shadow Banking Scandal Both Alivand and Derakhshan have been designated “for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of the IRGC-QF.” In addition to Alivand and Derakhshan, OFAC has sanctioned more than a dozen Hong Kong and United Arab Emirates-based entities and individuals tied to the network. According to the press release, the sanctioned entities may face civil or criminal penalties imposed as a result
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