Bitcoin (BTC) -Price hit $ 124k, Binance Coin hit a new ATH (Weekend Watch)

BTC was only 0.2% away from reaching its Ath.

The Crypto Bull Run shows no signs of delay, with the total market capitalization standing to a new highest point of more than $ 4.3 trillion.

Bitcoin (BTC) briefly exploded to nearly $ 124,000, while Binance Coin (BNB) tapped a new historical peak at around $ 1,190.

BTC pushes higher

October (often referred to as “Uptober” within the crypto community) has so far proven its inheritance as a very successful period for the primary digital active. The price has gradually increased since the first day of the month and reached $ 123,850 a few hours ago.

This means that BTC was only centimeters away from reaching its highest peak of $ 124,130, which was observed in mid -August. In the following hours it actively lost some steam, and from this writing it acts at around $ 122,400.

The cryptocurrency community is very optimistic that it can actively establish a new record in the short term, while certain indicators strengthen these expectations. When Cryptopotato Reported, the last rally is supported by the increasing share of long -term holders (LTHs), which indicates growing trust among that group of investors.

In the meantime, the market capitalization of BTC has been temporarily enriched to almost $ 2.5 trillion, so excess Amazon and become the seventh largest possession in the world. The figure was later withdrawn somewhat to $ 2.43 trillion, while Bitcoin’s dominance over the altcoins is approximately 55.8%.

These alts are also on fire

Numerous Altcoins have mapped impressive profit in the last 24 hours than BTC. OKB (OKB) exploded by 20%, Aster (Aster) rose by 13%, while unchangeable (IMX) jumped by 10%.

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Binance Coin (BNB) stood with 7% to touch a new all time of almost $ 1,200, while other well-known cryptocurrencies, including Avalanche (Avax), Litecoin (LTC) and Shiba Inu (Shib), have registered more modest increases of around 2-3%.

Ripple (XRP), Dogecoin (Doge) and Tron (TRX) are located in the opposite angle and experienced small decreases. The total market capitalization of the sector has risen by 1.7% and is slightly less than $ 4.3 trillion.