Ethereum’s price surged by 10% and SUI hit a staggering 28% gain within the past day as Bitcoin prices reclaimed their critical mark of $94,000. After experiencing a significant downturn on April 7th and 9th, when it dropped below $75,000, Bitcoin has rebounded strongly. Analysts attribute this surge to growing DeFi applications and increased institutional investments. 20-day volatility shows a steady upward trend for the market, with BTC climbing from around $84,000 last week to surpass $90,000, before exceeding $94,000 earlier today marking its highest point since early March. This impressive rally has pushed Bitcoin’s market cap to a staggering $1.870 trillion on CoinGecko, solidifying its dominance in the cryptocurrency landscape. Altcoins are experiencing significant gains as well, with Ethereum leading the charge, soaring by 10%, and SUI skyrocketing almost 30%. The renewed interest in altcoins has seen double-digit gains across a range of coins including ADA, DOGE, AVAX, LINK, XLM, SHIB. SUI’s impressive performance is particularly noteworthy, with a rise of over 27% within the last day. Other notable cryptocurrencies like XRP, SOL, HBAR, TON, and LTC have also seen gains, but in more modest single-digit manners. The cumulative market cap for all crypto assets has surged by roughly $200 billion in just one day, reaching a staggering $3.050 trillion.