Bitcoin’s price managed to climb above the coveted $35,000 level, which seems to be the major target for the bulls throughout the past few days.
Meanwhile, some of the altcoins are popping and charting massive gains.
Bitcoin Reclaims $35K
Bitcoin’s price is pushing above $35,000 in an attempt to reclaim this level once again. At the time of this writing, the cryptocurrency is trading at around $35,100, charting an increase of around 0.8% throughout the past 24 hours.
It’s worth noting, though, that the Bitcoin dominance is declining for a few days in a row. For those unaware, this is the metric that’s most commonly used to gauge its share relative to that of the entire market. In Layman’s terms, it means that altcoins (collectively) are outperforming Bitcoin.
Altcoins Blossom Across the Board
Most of the altcoins are also trading well in the green, even amongst those with larger market capitalization, as seen in the heatmap below.
Author: George Georgiev