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Hold onto your digital hats, folks, because Bitcoin is strutting its stuff once again! While it hasn't quite smashed through its record-breaking high of $73,740 from March 2024, it's been flexing its muscles, standing proudly close to that level. And guess what? Its stronghold over the altcoins has reached a new multi-year high!

While Bitcoin's been doing its victory dance, most of the altcoins have been feeling a bit under the weather over the past 24 hours, showing some small losses.

Our crypto hero's latest adventure kicked off on Friday evening. After a quick dip to $65,500 due to some Tether drama, the bulls charged back into action. By the weekend, Bitcoin had perked up to $67,000. As the new week dawned, it kept climbing, reaching $69,000 on Monday. By Tuesday, it smashed through $70,000 and $71,000, and on Wednesday morning, it soared to $73,600, the highest since its March high.

Just a stone's throw away from new horizons, Bitcoin took a slight step back but is still cruising above $72,000. The crypto crowd is buzzing with excitement, eagerly anticipating a new peak just around the corner.

Bitcoin's market cap has ballooned to a whopping $1.430 trillion, with its dominance charts hitting multi-year highs—56.5% on CoinGecko and over 60% on TradingView and CoinMarketCap. This dominance surge means most altcoins haven't had much luck in the past day. Big names like ETH, BNB, and SOL are all showing a bit of red, down by 1%, 3%, and 2% respectively.

Even Ripple, Dogecoin, Cardano, and Toncoin are feeling the pinch, along with TIA, ENA, STX, and RUNE, which are seeing drops up to 8%. The total crypto market cap has taken a $20 billion dip, settling at $2.530 trillion.

So, did this market rollercoaster update tickle your fancy? Keep your finger on the pulse of the wild crypto world with our daily recaps, where we bring the latest action straight to you!

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