DOGE and WIF are once again posting impressive daily gains.
Bitcoin hit the $70,000 mark yesterday, but had to wait another day to break the $70,000 mark for the first time in a week.
Altcoins also turned green today. #BTC regained the $3,500 mark and #DOGE topped $BTC #BTC failed to break the $71,000 mark and was pushed back to $68,000 on Monday and $66,000 on Tuesday. On Wednesday, the decline accelerated again and #BTC fell below $64,500, a 10-day low.
It was here that the bulls finally came to their senses and began a rebound that pushed the cryptocurrency to just above $69,000. However, this rally was short-lived as BTC quickly returned to the $66,000 mark.
Volatility increased towards the end of the week, jumping to the $69,000 mark on Friday and Saturday. On Sunday, the bulls tried but failed to break the $70,000 mark. Today, BTC finally broke through that level and climbed above $BTC It is still holding at this level amid ongoing speculation about whether it will manage to update the all-time high of $73,800 reached in early March before the upcoming drop.
BTC's market value is approaching $1.4 trillion, and its dominance over altcoins has increased slightly to 50.4% CG.
The second largest cryptocurrency has joined the ranks of the leaders in the last 24 hours, with ETH's exchange rate rising about 5% and surpassing the $3,500 mark for the first time in recent weeks.
Dogecoin is another notable player: the OG meme coin is up just over 5% today, like yesterday, and is now trading above $0.2; #WIF (13%) has jumped to over $4; the OG meme coin is up over 5% today, like yesterday.
Other major alts are also rising, but more moderately. The total cryptocurrency market increased by about $70 billion during the day and now stands at about $ 2.8 trillion.
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