Bitcoin grew by 4% over the week

For the first time in 2023, therate exceeded $ 17,000. At the time of writing, the flagship cryptocurrency is worth $ 17,206. Compared to the low of $ 16,496 as of January 1, bitcoin has risen by more than 4% so far.

As for the leading altcoin, its rate was fixed at $ 1309. Over the past 24 hours, ethereum has risen by 3.6%.

Digital assets from the top 100 also showed positive dynamics. Thus, Cardano grew by 18.3% over the past day. Solana is not lagging behind either — the asset of the blockchain of the same name by Anatoly Yakovenko grew by 21.6%. Despite the fact that the Solana network has suffered greatly over the past 2 months, SOL is showing a rapid recovery. Over the past 7 days, the token’s value has increased by 37.8%. It should be added that at the end of December, Solana developers launched the Bonk Inu meme-coin, which has grown by as much as 2000% over the past seven days.

As a reminder, the popular crypto blogger Kaleo recently predicted inevitable growth for bitcoin. The analyst is convinced that in the near future, digital gold will rise to $ 18,800 and then continue its upward movement. «Finally, BTC will leave the basic range of $ 16,000-$ 17,000, where the flagship of the crypto market has been stuck for several weeks. I don’t expect a new all-time high soon, but a return to the $ 30,000-$ 40,000 range with a further reduction in the distance to the ATN before the next halving is quite realistic,» the expert emphasized.