Bitcoin (BTC), the number one cryptocurrency, spiked to an intraday high of $43,124 earlier today, according to data provided by CoinMarketCap.
The largest cryptocurrency is now up roughly 10% over the last week.
In the meantime, Ethereum (ETH) has now surpassed the psychologically important level of $3,000.
Every major altcoin is currently in the green (except for the native cryptocurrency of the Terra blockchain).
Cardano (ADA) is leading the pack with a 7.8% price spike. The cryptocurrency is now inching closer to the much-coveted $1 mark.
Polkadot (DOT), another Ethereum killer, is up almost 7% over the past 24 hours.
Bitcoin Cash (BCH) is up more than 8% amid reports that Sint Marteen may be working to adopt the controversial Bitcoin fork as legal tender.
, the recently launched Ethereum token behind the Bored Ape Yacht Club non-fungible token collection, is up more than 10%, currently trading at $11.38.
Dash (DASH), which was once among the leading cryptocurrencies, is finally having its moment, surging by more than 14%. Still, the cryptocurrency is only in 69th place.
Ethereum Classic (ETC), Algorand (ALGO) and EOS (EOS) have also recorded double-digit price increases, leading the broader crypto market.
The total value of the cryptocurrency market is currently sitting at $1.93 trillion. Bulls still have a long time to go before reclaiming the $3 trillion mark that was initially recorded in November.
Bitcoin’s market dominance currently stands at 42.1%. Ethereum accounts for 18.7% of the total crypto market valuation.
U.Today Editorial Team
Dan Burgin
