This performance comes after a week of sharp volatility, with the currency falling below $90,000 before beginning to recover.
Currently, Bitcoin is trading at around $106,000, with a market cap of $2 trillion, dominating the cryptocurrency market by 55.3%.
Altcoin performance:
Altcoins also saw positive activity in conjunction with the rise in Bitcoin, with Ethereum rising and settling at $3,200 and Cardano above $1.
While LINK was the star performer, rising 15% to $25, catching the attention of altcoin investors.
The total cryptocurrency market cap has surpassed $3.75 trillion after adding more than $100 billion in the past 24 hours, reflecting a significant return of momentum to the market.
While volatility continues in TRUMP and MELANIA, Bitcoin and major altcoins remain in focus as market sentiment improves significantly.
Posted Using INLEO