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Bitcoin has started the day with a positive dynamic. At press time, the largest cryptocurrency by market cap is trading at $37,063.85 (+2.67%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has increased to $1,187 (+4.1%), while XRP has jumped by 29.76% and is now trading at $0.297.

The Bitcoin bulls have pushed the price of the crypto above a new all-time high after exceeding $37,000.

The outstanding rise of the benchmark crypto received an additional boost yesterday that resulted in the currency growing above $37,000 for the first time in its history, showing that the asset still has room to grow.

As a result of this rebound, BTC's market cap has increased to $687.47B, representing more than 68% of the market capitalization of the whole market.

Just a few days ago it was reported that analysts at the US investment bank JPMorgan believe the price of the crypto could reach $146,000 in the long term. While this forecast may seem a little optimistic, we should not forget that the crypto has experienced a spectacular growth over the last weeks surpassing the most encouraging forecasts. Who knows? JPMorgan's prediction may come true.

According to CoinMarketCap’s ranking, all currencies on the top 10 are in green.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $1,000,201,252,259.

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