cryptopotato.com
Bitcoin’s price ascend continued in the past 24 hours, and the asset came less than a grand away from tapping a new all-time high against the dollar.
While several larger-cap alts have failed to produce any substantial gains, Shiba Inu, $ICP, and DOGE are on the run once again.
$BTC Was This Close
It almost feels inevitable now that Bitcoin will top its 2021 all-time high of $69,044 (CoinGecko data) marked in late 2021. In fact, the asset came less than a grand away from that peak yesterday.
After the gains recorded at the start of last week, when $BTC skyrocketed by more than $10,000 by Wednesday, the cryptocurrency stalled at the end of it, especially during the weekend. However, Monday started on a high note, and $BTC broke out of its $62,000 resistance and began a notable climb.
This culminated earlier today when the asset went to about $68,500, thus it jumped to its highest price tag since November 2021 and just over $500 from breaking it. Although Bitcoin failed to chart a new $ATH against the dollar, it did so against a few other big fiat currencies like the pound and the euro.
As of now, the bears have managed to prolong the new record in USD terms, and $BTC trades two grand below its daily peak. Its market cap, which did record a new $ATH, is at over $1.3 trillion, while its dominance over the alts stands tall at 50% on CoinGecko.
$SHIB’s Run Continues
The past several days belonged to the meme coins, and Shiba Inu has emerged at the forefront. Monday didn’t disappoint the $SHIB investors as the second-largest asset from this cohort exploded once more. On a daily scale, $SHIB is up by more than 40% again, and it trades close to $0.00004.
$ICP is the other impressive gainer from the larger-cap alts, having surged by 21%. Polkadot and Dogecoin have gained around 6-7% as well.
Ethereum tapped a multi-year peak of its own earlier at around $3,700. The rest of the larger-cap alts have retraced slightly, led by ADA’s 4% slip.
The total crypto market cap, though, has soared past $2.6 trillion on CoinGecko for the first time in more than two years.
