Bitcoin rises to $74,906 as crypto market gains momentum

Bitcoin rose 0.97% over the past 24 hours to $74,906, according to cryptocurrency market data.

Ethereum increased 0.56% to $2,525, while BNB gained 1.12% to $602.

The stablecoin Tether remained unchanged at $1.00.

Meanwhile, Monero fell 0.74% to $134, and Zcash declined 1.12% to $28.

Analysts attribute the market-wide gains to increased global risk appetite, growing investor interest in cryptocurrencies, and Bitcoin’s leadership role in driving the market higher.

Aytaj