Bitcoin Ballooned Over USD 5,000, Crypto Rally Extended

After the surprising rally on Tuesday morning, the crypto market extended its gains on Tuesday evening and Wednesday morning, pushing bitcoin above USD 5,000 for couple of hours, while other top coins also moved higher.
In the past hour (04:40 UTC), the market corrected lower, with top 10 coins by market capitalization dropping by 2%-5%.
Bitcoin trades at USD 4.964