#BTC Back To $120k# Bitcoin continued its upward movement on Monday, increasing by 3.57% in the last 24 hours and reaching over $122,000.
The latest increase coincides with a rise of 6.87% over the past week and boosts its 30-day yield to +3.52%. The movement comes against the backdrop of a rise in the total market capitalization of cryptocurrencies to $4.06 trillion, which is up 2.75% for the day.
The price action began with a stable consolidation around $118,000 before breaking the psychological barrier of $120,000. Once this resistance level was surpassed, the momentum accelerated, pushing B