Most major cryptocurrencies have demonstrated bearish trend fluctuating around previously gained highs. The only leader among them is Bitcoin Cash whose rate increased by 12%.

After bitcoin grappled with the level of $10,000, moving up and down in turn within the last 24 hours, it finally succeeded to consolidate above the long-awaited milestone. The bitcoin dominance index remains at 35.5%, and the capitalization of bitcoin is fluctuating around $170 billion. The total market capitalization still remains below $500 billion - more than $300 billion lower than in mid-December.

Ethereum is traded at $937, and Ripple, despite some positive news about a partnership with Western Union and Saudi Arabian Central Bank, stands at $1.14.

After the recent rally, Litecoin slightly corrected to $228.

The king of the cryptocurrency hill is Bitcoin Cash, which added 12% within the last 24 hours and is trading now at $1,522. It is the highest rate for Bitcoin Cash since the end of January.

The leading exchange for Bitcoin Cash is South Korean Upbit with the largest trading volume standing at $119 million.

Still, bitcoin enthusiasts expect bitcoin to skyrocket to new all-time highs. Thus, Thomas Lee, managing partner at Fundstrat Global Advisors, forecasts that bitcoin to jump to a new record peak by July. His outlook is based on the analysis of the first cryptocurrency's 22 correction periods since 2010.