Bitcoin (BTC) has reclaimed the $23,000 position after acting as a major resistance hurdle recently. As the asset attempts to build on its upward trajectory, investors are wondering if this new position signals a sustained rally or is just a temporary bull run.

The recent Bitcoin (BTC) rally characterized by increased buying pressure has elevated the maiden crypto to surpass leading traditional finance entities in terms of market capitalization.

The value of XRP is now targeting new highs, profiting from the ongoing crypto market rally while ignoring any uncertainty around the regulatory outlook. Notably, the token has breached new resistance levels amid sustained buying pressure.