The Bitcoin beast looks poised for a massive move after breaking through the $US60,000 level again this afternoon.

The gains broke BTC out of the symmetrical triangle formation it has been trading in for the past few days.

Crypto enthusiasts have been waiting on BTC to make another move higher for weeks, with many believing the original cryptocurrency will hit six figures by year-end (or sooner).

But some were sounding a note of caution, especially after two moves above $US60,000 over the weekend didn’t last long.

At 2.12pm AEDT, Bitcoin was trading at $US60,480 ($79,670), up 0.6 per cent from 24 hours ago.

Ethereum was changing hands for US$2,158 ($2,846), up 1.1 per cent.

Of the top 100 assets on Coingecko, 66 had gained in the past 24 hours and the rest had retreated.

Crypto market

Seven coins hit all-time highs in the past 24 hours: OKB, Solana, FTX Token (FTT), Binance Coin, Elrond, Nexo and PancakeSwap.

Tezos, Decred, VeChain, Ethereum, THORChain and cETH all hit all-time highs over the weekend.

WINk (WIN) was the top performer in the past 24 hours, up 25.3 per cent. Formerly known as TRONbet, the coins are used to pay for services on a gaming platform.

Binance Coin was trading at $US563, up 21.3 per cent for the day and 61 per cent for the week, ahead of its rival Coinbase’s direct listing on the NASDAQ later this week.

KuCoin Token, another exchange token, was up 9.6 per cent on the day and 162.6 per cent on the week – making it the biggest gainer for the past seven days, among the top 100 tokens.

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