Bitcoin has soared past $90,000, breaking a six-week price barrier and marking its highest point since March 7th. This upward trend coincides with a strong weekly gain of 7.3% in the past 24 hours. CoinGecko indicates that Bitcoin currently boasts a dominance over other cryptocurrencies at 61.6%, further solidifying its position as a market leader. The increasing confidence from investors is reflected by Bitcoin’s recent four-year peak in dominance, according to CryptoPotato’s reporting earlier today. Bitcoin’s momentum has also impacted the wider cryptocurrency market; Ethereum and XRP are experiencing gains of 1.5% and 1%, respectively, while SOL and DOGE have delivered even stronger performance with surges of almost 4% each. Derivatives markets have reflected this bullish sentiment, seeing a rise in liquidated positions to approximately $320 million, largely stemming from short positions accounting for around $190 million of the total.