Bitcoin Price Hits $73,600, Nearing All-Time High of $73,740
Bitcoin’s price actions over the past 24 hours took the asset to $73,600, just $150 shy of breaking its March all-time high of $73,740. The primary cryptocurrency has been on a spectacular run for the past several days, recovering from a Friday night price dump to $65,500 after the Tether FUD.
The bulls resumed control of the market, pushing BTC to $67,000 during the weekend. The asset went on the offensive at the start of the current business week, surpassing $70,000 yesterday for the first time in months. Bitcoin’s market cap has soared to over $1.430 trillion, while its dominance over the alts has skyrocketed to above 56%.
Altcoins, including DOGE, SHIB, LINK, and ADA, have posted impressive gains. DOGE jumped by nearly 5%, while SHIB, LINK, and ADA have gained around 3% each. Ethereum is up by 2% and has neared $2,700. SUI has skyrocketed by 12%, now standing well above $2. TRX has added similar percentages over the past 24 hours.
In contrast, KAS has dumped by 7% within the same timeframe. BNB, SOL, XRP, AVAX, and BCH are also slightly in the red. The total crypto market cap has increased by $80 billion, sitting at a multi-month peak of over $2.550 trillion.
Bitcoin Price Chart:
Bitcoin’s price chart shows the asset’s steady climb over the past few days, nearing its all-time high.
Crypto Market Overview:
The cryptocurrency market overview shows the total market cap and the performance of various altcoins, including SUI’s 12% surge.
Note: Cryptocurrency charts by TradingView.
Disclaimer: The information provided is for general information purposes only and does not represent investment advice. Conduct your own research before making any investment decisions.