Bitcoin Rallies Above USD 28K with Market Cap Over USD 0.5 Trillion
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The most popular cryptocurrency, bitcoin (BTC) accelerated its rally, hitting USD 25,000, USD 26,000, USD 27,000, and USD 28,000 less than a day, while its market capitalization jumped above USD 0,5 trillion. (Updated at 11:43 UTC with the latest price data.)
At the time of writing (11:41 UTC), BTC trades at USD 28,257 and is up by 14% in a day and 20% in a week. The price rallied by 64% in a week and 278% in a year.
BTC price chart:
BTC is the best performing cryptoasset among the top 10 coins by market capitalization today. Its dominance, or the percentage of the total market capitalization, jumped above 70% for the first time since March 2017.
At the same time, other coins from the top 10 club are up to 7%, except XRP (-7%) and chainlink (LINK) (-2%).
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