Bitcoin trades near $72,000; Toncoin, Avalanche jump up to 34%

Bitcoin raced to an all-time peak of above $72,000 in early trade today as the world's most popular cryptocurrency won further support on greater trading accessibility and dollar weakness. In the last 24 hours, Bitcoin jumped to an intraday peak of $72,850. It was last 5% higher at $71,986 at 11:26 am IST. Meanwhile, other major crypto tokens, Ethereum (4.7%), Solana (9.2%), XRP (14.7%), Cardano (7.2%), Dogecoin (4%), Shiba Inu (3.4%), Avalanche (16.8%), and Toncoin (33.8%) surged. The global cryptocurrency market cap surged 4.6% to around $2.72 trillion in the last 24 hours, while the total crypto market volume was $166 billion.

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