Bitcoin eyes longest daily winning streak in 3 months

BTC climbed over 1% during Monday's Asian trading session, positioning itself for a five-day winning streak, the longest since early October.

The leading cryptocurrency by market value jumped from roughly $91,480 to $92,500, CoinDesk data show. At one point, prices topped $93,000. Major alternative cryptocurrencies such as XRP, SOL, and ETH jjumped 0.7% to 1%. The CoinDesk 20 and CoinDesk 80 Indexes rose 1.5%, pointing to a broader market cheer.

Market sentiment is improving, with both Bitcoin and Ethereum transitioning into bullish trend regimes," Markus Thielen, founder of 10x Research, who was recently voted as the top crypto analyst, said in a Telegram message to CoinDesk.