The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days; all of the seven biggest coins are up over the last week.
The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half or more.
The crypto market has already roughly quadrupled from its 2020 year-end value, as investors have gotten more comfortable with established tokens and networks like Ethereum and Solana continue to upgrade and attract new functionality.