Bitcoin has broken multiple price thresholds over the day, having surged to as high as $5,854 from an intraday low of $5,448. At press time, the biggest cryptocurrency is trading at
$5,808, up 6.5% over the past 24 hours. Following a significant price surge, bitcoin is up almost 10% over the past 7 days.
Bitcoin’s dominance has also increased, up from 54.5% at the beginning of the day to 55.2% at press time.