Bitcoin seems to be finally out of the woods after rallying past $45,000 following an eleven-week-long consolidation. As of writing, the pioneer cryptocurrency is trading at $47,503 and is up 16% in the past 7 days after printing a bullish ‘marubozu’ candlestick on Sunday.

Its principal competitor, Ethereum is up 5.7% on the day and 15% in the past week and is currently trading at $3358. Solana is the biggest gainer in the top ten categories having added 8.38% in the past twenty-four hours to trade at $109.43. Other cryptocurrencies such as ADA, DOT, DOGE, and SHIB are up, 7.27%, 7.06%, 6.08, and 13.15% in the past 24 hours respectively.

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