Bitcoin and its fellow cryptocurrencies registered a bullish rally over the last 24 hours that helped push the entire crypto market’s market cap to over $1 trillion for the first time since October 5, 2022.
For its part, the alpha crypto was finally able to break through the $20,000 as it is trading at $20,201 at press time, according to tracking from Coingecko.
The last time Bitcoin (BTC) managed to get past this particular price range was last September 27 when it changed hands at $20,147.
With this surge, BTC also managed to increase its overall valuation to over $387 billion as well as its trading volume, from above $27 billion yesterday to $43.258 billion today.
Altcoins Follow Bitcoin Momentum
Bitcoin is not the only crypto asset that rallied and initiated a price pump over the past 24 hours as Ethereum and the rest of the altcoins followed suit.
Image: LinkedIn
Ethereum, BNB, XRP, Solana,…
