Bitcoin's rise pushes cryptocurrency market above $2T

Bitcoin (BTC-USD) continues to build on its recent momentum as crypto bulls return to the drivers seat. In fact, the total market value of cryptocurrencies rose above $2T over the weekend following a heavy selloff in June and July. At one point, Bitcoin even dropped below $30K - following a record high of over $64K in April - and on Sunday it once again topped the $48K level. Snapshot: Bitcoin could "definitely look to go back to all-time highs," said to Vijay Ayyar, head of business development at cryptocurrency exchange Luno, though he doesn't expect it to run through in one shot." As Bitcoin climbs higher, other cryptos are advancing as well. Cardano (ADA-USD), the third-ranked cryptocurrency after Bitcoin and Ether (ETH-USD) climbed 47% over the past week, while Ripple (XRP-USD) and Dogecoin (DOGE-USD) are up 61% and 18% over the same period, respectively. Crypto headwinds were seen over the summer due to headlines about Bitcoin's