Cryptocurrency Market Sees Sustained Growth as Bitcoin Hits New Peak

The cryptocurrency market has been on a tear over the past week, with Bitcoin leading the charge. After a previous weekend that saw minimal movement, Monday's price pump pushed BTC to just over $70,000 following reports of US and Iran negotiations. The asset dipped briefly below $68,000 but surged again after the two sides announced a cease-fire.

Bitcoin has now reached a new three-week peak of just over $73,000, despite increasing CPI numbers for March not affecting its price. Its market cap has risen to $1.455 trillion on CG, with its dominance over altcoins increasing by over 1% in the past week and sitting above 57%.

RaveDAO's RAVE token has made a remarkable entrance into the top 100 alts by market cap, experiencing a 700% jump in the past week. This surge comes on the heels of a 100% increase in just one day. DASH is also seeing significant gains, rising by 13% to over $45.