cryptopotato.com
Bitcoin’s price continues its gradual increase following the completion of the halving a few days ago by jumping above $66,000 for the first time in a week.
The altcoins have followed suit with minor gains over the past day. Ethereum has reclaimed $3,200, while BNB is above $600 as of now.
Bitcoin’s Recover Continues
After the massacre from the previous weekend, $BTC had started to reclaim some value over the business week, which culminated last Monday with a surge to almost $67,000.
However, the geopolitical tension between Iran and Israel, among other external reasons, pushed the asset south once more. In fact, Bitcoin dipped below $60,000 on a couple of occasions during the week, with the latest on Friday – just hours before the completion of the highly-anticipated fourth halving.
Nevertheless, the cryptocurrency bounced off rather quickly and soared to around $65,000. It stood at around that level as the block rewards for the miners were slashed in half. Since then. $BTC has been slowly climbing higher and spiked above $66,000 earlier today to chart a weekly peak.
Its market cap has tapped $1.3 trillion on CoinGecko, and its dominance over the alts is up to 51%.
$NEAR Goes Higher
Most altcoins have followed Bitcoin on the way up with minor gains. Ethereum, for instance, is up by 1% in the past 24 hours and sits above $3,200. Binance Coin has jumped by over 4% and now trades north of $600.
SOL, XRP, ADA, AVAX, DOT, and LINK are also in the green, while TON, DOGE, SHIB, TRX, and BCH are slightly in the red.
$NEAR Protocol’s native token has added the most value from the larger-cap alts in the past 24 hours. $NEAR is up by about 8% and sits close to $7.
The total crypto market cap has increased by another $40 billion overnight, and sits above $2.550 trillion on CG.
