The price of Bitcoin continues to rise and has surpassed the $43,000 level.
Thanks to the recent rally, the market capitalization of the cryptocurrency market has reached $1.99 trillion after increasing by more than 11% in the last 24 hours.
Alex Svanevik, CEO of analytics platform Nansen, said that all of the top 10 coins support Bitcoin trends.
“For the first time in my life, the top 10 is starting to make sense.”
The Terra Project's native token, Luna, has led the growth with a 20.49% increase in the last 24 hours, while Avalanche (AVAX) has grown by 16.5% in the last 24 hours.
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Among the largest cryptocurrencies by market cap, only Ripple (XRP) did not achieve double-digit percentage growth in the past week, while Luna's price rose by more than 79%.
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As a result, bitcoin closed the month up 12.2% after falling 16.7% in January.