After months of being stuck below the $17,000 mark, Bitcoin finally broke through over the weekend. BTC is currently worth $17,200, representing a profit of 1.60 percent. Bitcoin has increased by a whopping $352 between last Friday and today. On Monday, January 9, the price charts were brimming with greens as the majority of cryptocurrencies stepped into the trading rink with significant profits.

Ether, the second most valuable cryptocurrency after Bitcoin, has broken through its resistance level. According to Gadgets 360’s crypto price tracker, ETH reached $1,305 with a 3.53 percent increase. ETH’s value increased by $55 over the weekend.

Cardano and Solana – both altcoins made significant profits

While ADA increased by 19% to trade at $0.33, SOL increased by 20% to reach a valuation of $16. Both altcoins have been impacted by the volatile market momentum and have reaped profits after days of losses.

Stablecoins pegged to the US dollar, such as USD Coin and Ripple, made money alongside altcoins such as Polygon, Litecoin, Polkadot, and Tron.

Shiba Inu and Dogecoin, both meme coins, saw small gains

In the last 24 hours, the overall crypto market valuation increased by 3.19 percent. According to CoinMarketCap, the market cap has reached $849.8 billion. The valuation has increased by $33 billion in the last three days.

Even the underdog altcoins Zilliqa, NEM, Cartesi, Augur, and DIA are up today.

Binance USD, Dash, and Flex are among the cryptocurrencies that have suffered losses today.