Over the past week, the Bitcoin price has risen by 2.65% and again broke through the $60,000 level. But at the same time, the trading volume continued to decline and now stands at $45 billion per day. Bitcoin’s dominance in the market fell sharply from 61% to 53%. This was due to the massive growth of altcoins.

The main event of the week was the return of XRP to the Top-5 cryptocurrencies by capitalization. This was due to the rapid growth from $0.63 to $1.50. Thus, the growth amounted to 150% for the week. This was all driven by the good news for the XRP.

First, the judge granted a petition by XRP management… Click here to learn more

Over the past day, the price of Bitcoin has grown by 3% and reached $58,000. Altcoins followed the growth dynamics of Bitcoin and also increased in price. Ethereum approached again historical highs, XRP broke through an important psychological mark of $1, BNB confidently consolidated above $400.

Yesterday it became known that Tether has released 2 new batches of 500 million USDT each. The trading volume of this stablecoin has grown by 50% since the beginning of April and now stands at almost $100 billion per day. Let’s see if this is a signal for a new round of growth for Bitcoin:

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Bitcoin has grown by 1.5% over the past 24 hours and is trading near the $59,000 mark. Trading volume has grown significantly by 20%, and now amount to more than $60 billion per day.

Market growth in recent days has allowed the crypto market to break the $2 trillion mark for the first time. It took only three months for the cryptocurrency market capitalization to double, from 1 trillion to 2 trillion.

For the past three days, the entire market has shown significant growth, with the exception of Bitcoin. Let’s see if this is worth expecting from the first cryptocurrency:

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Over the past day, the price of Bitcoin has grown by 1% and reached $60,000 again. However, then the chart retraced slightly and is now trading at $59,500. The trading volume has grown significantly in recent days.

Ethereum has also broken the important psychological $2,000 mark and is gearing up to storm ATH. We have previously warned that we expect to see it this week. Now we will take a look at the Bitcoin chart in order to understand in which direction its price will move further:

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Over the past day, the price of Bitcoin has increased slightly — by 2.5%. Thanks to this, the chart has consolidated above the key level of $58,000 and continues to remain there at the moment. Less than 5% is left to the all-time high and Bitcoin can test it again any day.

However, we talked about this in yesterday’s article, but today we want to analyze the chart of the second cryptocurrency — Ethereum. Let’s analyze price movements and see what you can expect from the price of the largest blockchain platform:

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