![Bitcoin Price Suddenly Spikes to Nearly $42,000](https://u.today/sites/default/files/styles/736x/public/2022-03/AdobeStock_164874912.jpeg)
Bitcoin (BTC), the top cryptocurrency, hit an intraday high of $41,732 at 04:21 a.m. UTC on the Bitstamp exchange.
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The market cap of the flagship coin currently stands at $788 billion.
In the meantime, Monero (XMR) has added a whopping 26%, which allowed it to re-enter the top 40 cryptocurrencies by market capitalization.
Terra (LUNA) is also up an impressive 17%.