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.

Bitcoin
BTC
+25.51%$111,000.16
24H7D1M1YMAX
Created with Highcharts 10.3.3Apr 24Apr 26Apr 28Apr 30May 2May 4May 6May 8May 10May 12May 14May 16May 18May 20May 22May …$85000$90000$95000$100000$105000$110000$115000
Price data by
BTC price
Ethereum
ETH
+62.03%$2,637.38
24H7D1M1YMAX
Created with Highcharts 10.3.3Apr 24Apr 26Apr 28Apr 30May 2May 4May 6May 8May 10May 12May 14May 16May 18May 20May 22May …$1500$1750$2000$2250$2500$2750
Price data by
ETH price

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

#DecryptLIVE: Crypto crash roundtable

Crypto bloodbath! How low will the major coins go, and what about Terra and stablecoins? Decrypt’s Dan Roberts, Jeff Benson, Stacy Elliott and Jason Nelson will discuss the news and parse through what’s happened and what might happen next.

Live Events
May 12, 2022
32m 28s
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Last week saw $200 billion in total crypto market cap disappear in a single day as Bitcoin plummeted to lows not seen since 2020.

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