Bitcoin, Dogecoin, and Solana surge in value over the last 24 hours while Cardano slips in price.
Bitcoin is currently up by about 50 per cent compared to its value at the start of October.
After breaking the $64,800 record reached in April, BTC continued to climb and was trading above $66,000 on Thursday morning.
The cryptocurrency has since slipped to around $62,000 and has stabilised around this mark since Friday.
Other leading cryptocurrencies including Ethereum (ETH), Dogecoin and Solana (SOL) have also made gains during this period.
While Dogecoin and Solana have risen in price by about 10 per cent and 1.5 per cent respectively over the last 24 hours, ETH remains unmoved compared to its value a day earlier.
Several prominent crypto analysts believe bitcoin is now on the second major leg of a bull run that will take it above $100,000 before the end of 2021, though others have warned another major crash could follow.
You can find all the latest news, analysis and expert price predictions in our live coverage of the crypto market.
