The price of Bitcoin continues to grow and has surpassed the $43,000 level.
As a result of this recent rally, the capitalization of the crypto market has reached $1.99 trillion, after growing by more than 11% over the past 24 hours.
Alex Svanevik, CEO of analytics platform Nansen, has said the Bitcoin trend has been supported by all top 10 coins:
"For the first time in my life, the top 10 is starting to make sense."
Luna, the Terra project's native token, has led the growth over the past 24 hours with a 20,49% increase, while Avalanche (AVAX) has grown by 16.5% over the past 24 hours.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.
Over the past week, of the largest cryptos by capitalization, only Ripple (XRP) has not posted double-digit growth in percentage terms, while Luna's price has added more than 79%.
Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.
As a result, Bitcoin closed the month up 12.2% after falling 16.7% in January.