Bitcoin (BTC) rally keeps accelerating as the price jumped from USD 17,000 to USD 18,000 in less than a day.
The most popular cryptocurrency briefly touched USD 18,020 on 04:00 UTC before correcting lower and then rallying again. At the time of writing (04:24 UTC), BTC trades at USD 18,184 and is up by 9% in a day and 18% in a week. The price rallied by 54% in a month and 114% in a year.
The last time BTC was above the USD 18,000 level is December 2017.
BTC needs to move up by almost 11% to reach its all-time high of USD 20,000.
BTC price chart:
Meanwhile, other coins from the top 10 by market capitalization are also in green. Etherereum (ETH) is up by 6% to USD 493, chainlink (LINK) rallied by almost 11%, while other coins advanced by 2%-6%.
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Learn more: Bitcoin Rallies Above USD 17,000, Ray Dalio In Doubt
