Bitcoin is seeing a major rally of more than 37% since the beginning of the new year and is currently on pace to have it’s best monthly return in quite some time, since October 2021, according to Yahoo Finance.
With current changing hands at $23,000, Bitcoin is trading at it’s highest level since August of last year, per the Yahoo Finance report, with trading volume seeing a marked leap as it jumped 82% to $1.15 trillion
The total market capitalization for cryptocurrencies is up 24% to $1.04 trillion according to Coinmarketcap, and globally crypto spot trading volume has risen 64% to $4 trillion over the same period, according to Nomics.
