Bitcoin price has seen a significant rise over the past 24 hours, bringing the currency close to surpassing its highest level from last March at $73,740.
Several altcoins also rose, with DOGE up 5%, while SHIB, LINK, and ADA gained around 3%.
Bitcoin price approaches previous peak:
Bitcoin has been performing strongly in recent days, coming right after its price dropped to $65,500 on Tether rumors.
At the beginning of the week, the coin managed to surpass the $70,000 level, and the coin continued to rise to record $73,600 on the Bitstamp platform, approaching its all-time high by only $150.
Despite the slight decline in price, the 2% daily gain has pushed Bitcoin's market cap to $1.43 trillion, increasing its market dominance to more than 56%.
In a related context, alternative digital currencies witnessed positive performance, as the digital currency SUI recorded the largest increase of 12%, pushing its value to more than $2.
Ethereum also rose 2% to approach $2,700, while TRX, SHIB, and LINK also made notable gains.
Despite some declines in the prices of coins such as KAS, BNB, and SOL, the total market cap of cryptocurrencies increased by $80 billion, reaching $2.55 trillion, a level not seen in the market for several months.
