Since January, Bitcoin has been jumping above $ 105k as XRP, Dogecoin Rise for the first time

Bitcoin put his recent rebound back in the direction of his highest point of all time and rose for the first time since January to $ 105,000 Sunday, because other top coins show even greater daily profit.

The leading cryptocurrency is currently being traded for $ 105,414, per data from Coingecko, rises by more than 2% on the day and pushes its 30-day peak to almost 25%. For the current price, Bitcoin is currently only 3% away from its highest peak of $ 108,786 put back on January 20, the inauguration day of President Trump.

There is no immediately obvious reason for the newest leg for Bitcoin, although it reflects ongoing optimism for traders for risk-to-assets if President Trump’s global trade war cools.

Also rising Sunday is XRP with a profit from almost 4% to $ 2.43, Ethereum (ETH) with an increase from 3.5% to $ 2,563 and Solana climbs more than 4% to around $ 175. Dogecoin affects every other currency in the top 10 per market capitalization, but has almost 8% jumped in the past day.

Short traders feel the most pain in the last day as a result of the broader profits, with $ 128 million in short positions that are liquidated per data from Coinglass – that is of a total of $ 192 million in liquidations.