Bitcoin has added 7.4% to $24.6K in the last 24 hours. It’s not the magnitude of the move that draws attention but rather the ability to rewrite previous local highs. Ethereum has gained 13% to $1900 in the same time frame. Top altcoins add between 4.7% (BNB) and 13.4% (Solana).

The total capitalisation of the crypto market, according to CoinMarketCap, rose 7.4% to $1.16 trillion overnight.