The cryptocurrency market has gone parabolic over the past couple of days, and this has resulted in considerable gains across the board.
Bitcoin is trading above $30K for the first time since April, while other altcoins are also well in the green.
Bitcoin Price Soars Above $30K
The positive sentiment across the market has seen Bitcoin’s price surge past $30,000 for the first time since April 26th, as seen in the chart below.
As a matter of fact, the cryptocurrency managed to tap $30,800, but the bulls were unable to sustain the momentum, and the price corrected to where it’s currently trading at slightly above $30K.
Source: TradingView
With that latest increase, BTC is up a whopping 20.8% for the past seven days and over 4% for the past 24 hours alone, making it one of the best performers. The BTC dominance, measuring its share relative to that of the rest of the market, is also gaining steam, showing that the primary cryptocurrency is outperforming the altcoin market.
Ripple (XRP)
We współpracy z: https://cryptopotato.com/btc-above-30k-for-the-first-time-since-april-ripple-xrp-reclaims-0-5-market-watch/
