The bitcoin price continued to rally on Monday, and it carried the total cryptocurrency market cap past another significant threshold. Bitcoin now appears poised to challenge the $4,500 level, while ethereum maintains its position above $300 as it awaits the upcoming Metropolis protocol upgrade.
The crypto markets experienced higher-than-average weekend trading volume, with their 24-hour total piercing $3 billion at the time of writing. Against this backdrop, the cryptocurrency market cap padded its total by another $3 billion on Monday. It now sits above $150 billion for the first time in almost three weeks, placing it just $30 billion below its record high.
Bitcoin Price Targets $4,500
This rally was fueled almost single-handedly by bitcoin. After beginning the day at $4,314, the bitcoin price received a 3% bump, raising it to a present value of $4,455. Bitcoin now has a market cap of $74 billion, increasing its market dominance to 49.2%. Bitcoin will now target the $4,500 level, a mark which would place it within $500 of its all-time high.
CLAIM IN AUTOMATION
automated 24/7 freebitcoin
buy your first bitcoin
exchange your coins
Support the community