• Bitcoin broke the $21,000 barrier, continuing its positive price performance and reaching a peak of $21,360.
• Ethereum mirrored Bitcoin’s price performance and grew 1.38% over the last 24 hours, trading at $1,566.
• The cryptocurrency market cap saw net inflows of $13.12 billion in the last 24 hours and currently stands at $979 billion.

The cryptocurrency market has seen a sustained bull market performance over the last 24 hours, with Bitcoin breaking the $21,000 barrier and Ethereum posting gains of 1.38%. The total market cap saw net inflows of $13.12 billion, bringing it to a total of $979 billion.

Bitcoin, the world’s largest digital asset by market cap, was the biggest winner in the last 24 hours. BTC gained 1.65% and peaked at $21,360. This marks the first time since its all-time high in December 2017 that Bitcoin has broken the $21,000 barrier. The digital asset has seen a consistent increase in price over the last few weeks, with the price rising from a low of $16,000 to its current high.

Ethereum, the second-largest digital asset by market cap, mirrored Bitcoin’s price performance and grew 1.38% over the last 24 hours, trading at $1,566. ETH’s market dominance remained flat at 19.3%. The altcoin has seen consistent growth since the beginning of 2021, with its current price being almost double what it was at the beginning of the year.

The top 10 cryptocurrencies all recorded gains over the reporting period. Polkadot (DOT) and Litecoin (LTC) rose the highest, posting gains of 3.07% and 2.22% respectively. The market caps of Tether (USDT) and USD Coin (USDC) rose to $66.49 billion and $43.9 billion in the last 24 hours, respectively. The market cap of BinanceUSD (BUSD) slightly decreased to $16.17 billion.

Overall, the cryptocurrency market has seen a sustained bull run over the last 24 hours, with Bitcoin breaking the $21,000 barrier and Ethereum posting gains of 1.38%. The total market cap saw net inflows of $13.12 billion, bringing it to a total of $979 billion. All top 10 cryptocurrencies recorded gains over the reporting period, demonstrating a strong bullish sentiment in the market. Moving forward, it will be interesting to see whether Bitcoin and Ethereum can continue their positive price performance in the coming weeks.