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Alex Dovbnya

Bitcoin has surged to the highest level since March 4

Bitcoin (BTC), the top cryptocurrency, hit an intraday high of $41,732 at 04:21 a.m. UTC on the Bitstamp exchange. 

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The cryptocurrency has surged 5.63% in just one hour. Bitcoin, however, is still far from reclaiming its March 2 peak of $45,332. 

The market cap of the flagship coin currently stands at $788 billion.

In the meantime, Monero (XMR) has added a whopping 26%, which allowed it to re-enter the top 40 cryptocurrencies by market capitalization.      

Terra (LUNA) is also up an impressive 17%.  

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