Bitcoin (BTC) briefly broke above $31,500 last week for the first time since June 1, 2022.
The largest digital currency gained in value amid the activation of investors, encouraged by the decision of the U.S. court in favor of the cryptocurrency company Ripple. It refused to qualify the sale of XRP on exchanges as placement of unregistered securities.
However, over the weekend, BTC, along with top altcoins, began to give up ground as many traders moved to take profits.