Bitcoin($BTC ) is now just 3% away from its all-time high mark following the latest leg up, while Dogecoin, XRP, and Ethereum gain.
Bitcoin($BTC )continued its recent rebound back towards its all-time high mark, rising above $105,000 Sunday for the first time since January as other top coins show even larger daily gains.
The leading cryptocurrency is currently trading for $105,414, per data from CoinGecko, rising more than 2% on the day and pushing its 30-day spike to nearly 25%. At its current price, Bitcoin is currently just 3% away from its all-time high peak of $108,786 set back on January 20, President Trump's inauguration day.
There's no immediately obvious reason for the latest leg up for Bitcoin, though it reflects ongoing optimism for traders for risk-on assets as President Trump's global trade war cools off.
As Bitcoin(#BTC ) approaches its previous peak, market participants are closely watching for potential new highs and the implications of upcoming regulatory * decisions.
