The days of records are back in cryptospace. Bitcoin soared above $60,000, while ETH and BNB drew new ATHs, Solembit’s exchange analytics arm reports.
After several weeks of the asset failing to go beyond the enticing $60,000 number, Bitcoin has finally surpassed it. Most alternative coins are also on the plus side, with ETH and BNB rapidly hitting new ATH records at just under $2,200 and $485, respectively.
Bitcoin soars to $60,000
Bitcoin failed to continue its upward movement after a record high in mid-March of $61,800. On the contrary, the cryptocurrency changed its trajectory and even threatened to fall below $50,000 a few weeks later.
Although it tried several times to get back to $60,000, it failed, and each rejection took it further down. In the last 24 hours, however, the situation has changed, Solembit reports.
It all seemed something familiar, as BTC was struggling around $58,000 when the bulls took control and made an impressive move up. The asset made over $3,000 in a few hours and rose to about $61,200 (on Bitstamp).
According to Solembit analysts, despite the slight pullback since it retreated from its record high by only $600, the major cryptocurrency is still above the coveted $60,000 level.
Naturally, its market capitalization has also benefited, now well over $1.1 trillion, while its market dominance remains at 55%.