Bitcoin Rallies Above USD 10K, Takes Bigger Share Of Crypto Market

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Source: iStock/in-future

After trading below USD 10,000 for almost a week, the most popular cryptocurrency, has returned above this level one more time. While the absolute majority of other coins are also in green, bitcoin's dominance increased.

At pixel time (03:58 UTC), bitcoin trades at c. 10,423 and is up by more than 6.4% in the past 24 hours and by almost 2% in the past week. However, it's still down 3% in the past month.

Bitcoin price chart:

Source: coinpaprika.com

from the top 10 by market capitalization are registering smaller gains of 2%-6%.

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Bitcoin and are the only two coins from the top 10 that are in green in the past week.

The total market capitalization jumped by more than 5%, to USD 269.6 billion. Meanwhile, bitcoin's dominance, or the percentage of the total market capitalization, surpassed 69% again.

Among the top 100 coins by market capitalization, four tokens registered double-digit gains (, , , ), having increased by 10%-17%.

As reported yesterday, chart analysts seem to be turning increasingly bullish on bitcoin, as several different approaches all suggested higher bitcoin prices may be right around the corner.

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