Bitcoin broke the $21,000 mark for the first time this month.
According to CoinMarketCap, a virtual asset market site today (7th), Bitcoin is recording $21,622, up 5.26% from 24 hours ago.
It is the first time since June 28 that Bitcoin has re-broken the $21,000 level.
It is analyzed that the reason Bitcoin soared is because the US stock market has rallied. US stocks rose 1.12% on the Dow, 1.50% on the S&P 500, and 2.28% on the Nasdaq.
Ethereum, the altcoin leader, is also recording a large upward trend. Ethereum is trading at $1236.54, up 4.2% from 24 hours ago.
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