Bitcoin Jumped Over $23,4K

Bitcoin (BTC) topped $23,400 on July 28.

According to Coinmarketcap, BTC/USD rose up to a high of $23,452 on Bitstamp on July 28. At the time of writing, the price of digital gold has declined slightly to $22,960.

As you can see from the chart below, the bulls managed not only to push Bitcoin above $23K but also to keep it above that level for a while.

It is too early to draw conclusions, but perhaps this is the beginning of a future upward movement.

Following Bitcoin, many altcoins from the Top 10 also pulled up. Ethereum (ETH) rose by 9.11% overnight, reaching $1,623. Over the past 7 days, the cryptocurrency has added 7.98% in price, which may indicate the beginning of a positive trend.

Among the rest of the top ten cryptocurrencies in the last 24 hours, Solana (SOL) added 6.1% in price, Cardano (ADA) rose 4.39%, Dogecoin (DOGE) — by 4.1%, XRP (XRP) — by 3.85% and BNB (BNB) — by 2.75%.

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