Bitcoin Price Tests $8,100 Amid Rising Altcoin Tide

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A rising tide lifts all coins. Although the bitcoin price’s record-setting run has enabled the flagship cryptocurrency’s dominant share of the market to swell in recent months, altcoins have made steady gains, too. Over the weekend, the total altcoin market cap crossed $100 billion for the first time — just as the bitcoin price was setting a new record at $8,100 — and the total number of coins with market caps exceeding $1 billion rose to 13.

Source: CoinMarketCap

Consequently, it should come as no surprise that the total cryptocurrency market cap reached a new all-time high, as well. The total crypto market cap is currently trading at $239.6 billion, which represents a 24-hour gain of two-and-a-half percent and a weekly surge of approximately 20 percent.

bitcoin price

Source: CoinMarketCap

Bitcoin Price Touches $8,100

The global average bitcoin price set a new all-time high on Sunday evening, briefly…


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