Bitcoin (BTC) broke above $8,000 just as the $7,000 barrier was crossed, going through another “thousand-dollar day” and reminding that for BTC, gains happen with extreme speed. Now, BTC dominates more than 59.3% of the entire market capitalization for all digital assets, although leading altcoins also received a boost from the rally.
BTC traded at $8,009.32 as of 6:30 UTC on Tuesday, avoiding the usual post-weekend sell-off, and staving off expectations the asset would crash back to the $6,000 range. Trading volumes peaked above $30 billion’s equivalent in 24 hour...