Bitcoin rose above $10,000 - will it continue to climb?

Bitcoin back over $10,000

The cryptocurrency market was moderately lower over the past 24 hours, with 7 of the top 10 cryptos registering slight losses. However, Bitcoin showed just enough gains to cross the $10,000 mark for the first time in more than two weeks. Bitcoin Cash was also seen higher, rising more than 11%.

Today's highlights: Global markets continue to climb

Another day of wins on Wall Street: Markets in the US continued their positive momentum yesterday, as the Dow Jones and S&P 500 both closed more than 1.2% higher, and Nasdaq rose more than 1.5%. The Netflix stock had an impressive day yesterday, climbing 5.36%, joined by Apple and Boeing, both of which rose more than 3.3%. At the same time, the USD weakened against many of its major peers, nearing a three-year low.

Asian markets higher: Following the gains seen on Wall Street, markets in the East were also on the rise, as the Nikkei and China50 indices both showed significant gains. Several markets in Asia are closed today, in observance of the new lunar year.

Volatility expected for USD today: The monthly Building Permits report is due in the US at 13:30 GMT, potentially generating volatility for the greenback.

Oil continues to show gains: The black gold followed the same trajectory seen in recent days, adding more to its price, fueled by a weaker dollar.

Gold set for biggest weekly gains in two years: Despite the recovery in global markets, safe-haven assets were still in high demand, as precious metal prices continued to rise. Gold climbed more than 3% this week and is set to post his best weekly results since April, 2016.

Europe opens higher: The FTSE opened 30 points higher, the DAX was up 46 points and the CAC opened 15 points higher.