Crypto Daily: Bitcoin Breaks Out $50,000 Today; Its Dominance Will Grow

Bitcoin quickly jumped after falling on Sunday and rallied 5%. Moreover, the price has already set the new ATH at around $49,998. There is very little left before Bitcoin reaches the psychological level. The rest of the market also showed solid growth. Many altcoins have almost completely won back their fall and are preparing for a new round of growth. Will they be able to conquer new peaks or will Bitcoin not let them do it? Let’s figure it out.