Over the past few hours, Bitcoin has remained above the $60,000 level and less than 1% from breaking its own record previously set at $61,800.

To finally surpass it, this coincided with the preparation of this article, as the price of Bitcoin reached a level of more than $ 62,800, according to coinmarketcap.

Some altcoins have made big gains, including Binance, and XRP, which is up 20% in the last 24 hours and is at $1.6 at the time of writing.

Bitcoin exceeds its previous peak and records new highs:

Bitcoin continues above the $61 thousand level, its price is currently estimated at the time of writing this article above $ 62 thousand.

Read:Ethereum gas fees drop while the currency price continues to climb to record levels

Bitcoin finally managed to breach the $60,000 level last Saturday, with some declines on Sunday as the currency recovers and continues its way to break its previous high (previous high of $61,800).

Currently, the currency has entered the price discovery phase and is flying high above the $62 thousand level.

Several indicators indicate that Bitcoin is ready for new highs, among these indicators:

• The number of bitcoins on the exchanges decreased.
• Miners keep their new bitcoins without selling and offering them immediately in the market.
• Increased institutional adoption and massive investment in Bitcoin.

Binance Coin and Ripple Make the Move:

The alternative digital currencies are witnessing a noticeable volatility in the past hours and at the present time as well.

Ethereum touched a record high of $2,200 and was above it at the time of writing.

BNB, the third largest cryptocurrency by market cap, is also flying high off the technical charts in terms of daily volatility.

Where it increased and reached record levels above $ 640, after the news of the approaching periodic burning process that Binance is conducting towards its digital currency BNB in ​​order to reduce the overall supply of it, as the news is a positive catalyst for the currency.

Read:A total of 2.3 million bitcoins have not moved in over 10 years…Details here

After that, the Binance coin rebounded by more than $100 and is currently swinging between $530-$560.

XRP, which is the fourth coin by total market capitalization, and after being behind in the past weeks, seems to want to compensate its holders.

Read:Binance founder fears central bank digital currencies and sees them as a threat to Bitcoin

The Ripple currency rose by more than 15% in the last 24 hours and by more than 80% in the last week, as the currency reached record levels that it has not visited in 3 years, as the currency recorded a rise of up to 1.63 dollars, according to the website coinmarketcap.

The total cryptocurrency market capitalization as a whole also set a new record of over $2.1 trillion.

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