Bitcoin cryptocurrency rose again on Monday, above the $30,000 level, after falling slightly at the end of last week.

According to Arab Net, the rest of the cryptocurrencies joined Bitcoin to record gains of more than 5%, including Cardano.

Bitcoin has faced challenges in recent months after the US Federal Reserve raised interest rates and the Terra Luna currency collapsed.

The largest cryptocurrencies fell below $26,000 last month, dropping along with riskier assets like tech stocks.