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Crypto Price Today: Bitcoin briefly tops $26,000; Avalanche, Solana, Dogecoin jump up to 6%

Buoyant sentiments continued to prevail in the crypto market as Bitcoin and other tokens extended their gains for the straight third day. However, the gains were capped and some tokens saw some profit booking during the early trading hours in Asia. Traders expect that the worst is over for the digital token market after the global fallout triggered by the American banking sector. Coupled with this, the US inflation numbers were in-line with the expectation, hinting that aggressive rate hikes by the US Fed are likely to be scrapped.