BitcoinBTCThe, which has been on a steady upward trend for the last 24 hours, reached its highest levels in 3 weeks.
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- Bitcoin rose above $73,000 yesterday as traders took into account cease-fire updates, and the stronger March CPI numbers.
- Ethereum advanced above the $2,200 threshold, while HYPE (DASH) and DASH gained on all altcoin markets.
- RAVE surged by 100 percent in one single day to enter the top 100 tokens.
Ethereum, the broader cryptocurrency market, also rose in value.ETH“HYPE” (HYPEThere are also RAVE and ) among tokens with gains.
Bitcoin was trading in a narrow range of $66,000 to 67,000 at the end of last weekend. This changed Monday after it was reported that Iran and the United States were in talks.
After a series of reports that challenged this claim, the price dropped below $68,000. Bitcoin gained again Tuesday, after both parties announced an “two-week cease-fire“, which supported the market sentiment.
Even after the March CPI, asset prices continued to rise showed stronger inflation. It rose to $73,500 today, the highest since 18 March. Then it fell back a little below $73,000.
CoinGecko’s data shows that Bitcoin is now worth $1.455 Trillion. Over the last week, its share in the overall crypto market has also increased and is now above 57%.
Ethereum, RAVE, HYPE and HYPE lead altcoin growth
After a daily increase of 2.3%, Ethereum has risen above $2200. BNB traded at a higher level and passed $600. HYPE climbed over 5% to reclaim $40.
Most altcoins of large cap followed the same trend, but gains remained modest. WLFI (Wallie), XMR and CC all suffered small losses.
RAVE made the largest move of all the gainers. Token jumped by 100% within a day, and its gain for the week was about 700%. This pushed RAVE into the top 100 of assets based on market value.
DASH, too, made a strong move and managed to surpass $45 with a gain of 13%. SIREN gained 10% and returned back to $0.80.
It has increased more than 100 billion dollars since last week. At press time it stood at 2,530 trillion dollars, indicating a broader growth across the industry.
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Source: crypto.news
