India, May 8 -- Cryptocurrencies rallied strongly in the past 24 hours amidst rising optimism of a trade deal between the U.S. and China. The U.S.-U.K. trade deal supported sentiment. Bitcoin touched a high of $99,882 in the past 24 hours.
Overall crypto market capitalization has jumped 3 percent overnight to $3.1 trillion. The 24-hour trading volume has also increased 48 percent to $119 billion.
Bitcoin jumped 2.4 percent overnight to trade at $99,611. The current price is 9 percent below the all-time high.
Ethereum surged 8.7 percent in the past 24 hours to trade at $1,988.
4th ranked XRP gained 3.5 percent during the past 24 hours as it changes hands at $2.21.
5th ranked BNB added 2.2 percent whereas 6th ranked Solana rallied 6.5 pe...