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Bitcoin recovers to pre-FTX crash levels - The Crypto Mile weekly update

This week's The Crypto Mile Weekly Update reports on the recent lift in cryptocurrency prices, with the entire market capitalisation back above the $1tn mark.

Bitcoin has broken through the $21,000 mark for the first time since the start of November 2022, before the collapse of the FTX exchange.

And, as the entire cryptocurrency market capitalisation rises above $1tn again, solana made the biggest gains amongst blue-chips, even ousting polygon and gaining entry to the crypto top ten. Although this was only for a brief time before falling back to eleventh position.

The second largest cryptocurrency by market capitalisation, ethereum, has followed closely behind bitcoin by posting impressive weekly gains.