Bitcoin Breaches $30K as Ethereum, Cardano, Solana Join Weekend Rally

Bitcoin, the largest cryptocurrency by market cap, briefly rose above $30,000 today after six straight weeks of market declines.

As of this writing, Bitcoin was up nearly 4% to 29,980.72, according to CoinMarketCap data.

Elsewhere, a weekend rally saw Ethereum gain more than 5% to $2,065.31, Cardano add more than 11% to $.553, and Solana rise over 14% to $53.24.

BitcoinBTC · USD

$80,612+8.18%

24H7D1M1YYTD

Aug 21Aug 28Sep 5Sep 12Sep 20

$81.8k$79.7k$77.7k$75.6k

24h HighHigh$81,864

24h LowLow$80,890

VolVol$843.4M

Market projectionsOdds by Myriad

Today$80,000 to $82,000$80k–$82k83% chance

Price data by CoinGeckoCoinGeckoMore Bitcoin news and projections →

The gains come after an unprecedented week in the crypto space, headlined by Terra's UST and LUNA imploding.

Last week saw $200 billion in total crypto market cap disappear in a single day as Bitcoin plummeted to lows not seen since 2020.