Will Bitcoin skyrocket to unprecedented levels? It definitely appears to be the case. The largest and most established cryptocurrency is approaching its previous record high, with the price of Bitcoin reaching $25,200 on Tuesday. At the current time, the value of Bitcoin is $214,101, which represents a significant increase of over 21% in the past seven days. The rise in value is largely attributed to continued activity in ETF trading, with analysts suggesting that this upward trend may just be beginning. The recent approval of Bitcoin funds for trading on Wall Street, particularly BlackRock’s funds, has led to high demand and increased trading volume. As a result, Bitcoin is close to reaching its previous all-time high of $69,044 per coin from November 2021. It came close to reaching 89% of that goal, in fact. Ethereum also surged. The price of the second largest cryptocurrency is currently $2003,440. It has increased by 18% in the past week as it approaches the anticipated Dencun upgrade on its network. Solana (SOL), the fifth largest cryptocurrency by market cap, has also seen a surge in value. The cryptocurrency that rivals Ethereum reached a peak not seen in 22 months on Thursday but has since decreased slightly, currently trading at $129.08, reflecting a 30% increase over the past week. Among the most prominent digital coins and tokens, Dogecoin emerged as the winner with the highest gains over the week. Elon Musk’s preferred cryptocurrency was the top performer, with its value rising significantly. As of Friday, Dogecoin was still experiencing substantial growth, now valued at $0.1427, marking a 50% increase over the previous seven days.