Bitcoin bounced off in the last hours of March, reclaiming ,000 and posting a 23% price increase for the third month of the year. Several altcoins are also well in the green, with ETH surging past ,800, while SOL has returned to over . BTC Back Above K The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by ,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the asset north hard. Just a few days later, bitcoin found itself surging beyond ,000. However, that was short-lived as well, and it started losing value quickly in the following days. Thus, BTC dumped to ,600 on Friday. The end of the last day of March, however, was more positive for the
Topics:
Jordan Lyanchev considers the following as important: BTCEUR, BTCGBP, btcusd, btcusdt, featured1, Market Updates, social
This could be interesting, too:
Jordan Lyanchev writes Over 90% of BTC Holders in Profit as Bitcoin Price Surges Past K
CryptoVizArt writes Bitcoin Price Analysis: Is BTC Heading Toward K or K Next?
Jordan Lyanchev writes 15 Years Later: Satoshi Era Wallet Moves Bitcoin Mined in Early 2009 (Data)
Mandy Williams writes This Is the Current State of the Wrapped Bitcoin Market: CryptoQuant
Bitcoin bounced off in the last hours of March, reclaiming $28,000 and posting a 23% price increase for the third month of the year.
Several altcoins are also well in the green, with ETH surging past $1,800, while SOL has returned to over $20.
BTC Back Above $28K
The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by $1,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the asset north hard.
Just a few days later, bitcoin found itself surging beyond $29,000. However, that was short-lived as well, and it started losing value quickly in the following days. Thus, BTC dumped to $27,600 on Friday.
The end of the last day of March, however, was more positive for the cryptocurrency as it regained over $1,000 in hours and went to a daily high of $28,800 (on Bitstamp).
Despite failing to continue upwards and losing a few hundred dollars since then, BTC still stands in the green on a daily scale and trades above $28,000.
Its market capitalization has neared $550 billion once more, while its dominance over the altcoins is close to 46.5%.
LTC, TONCOIN on the Rise
The alternative coins also felt their fair share of volatility lately, but most have calmed as the weekend started. Ethereum is back above $1,800 after a minor 2% daily increase. Binance Coin remains essentially at the same spot as yesterday, while Cardano, MATIC, Polkadot, Shiba Inu, Tron, and Avalanche have mimicked ETH’s gains.
Ripple, one of the best performers in the past 10 days or so, is down by 6% but still trades above $0.5.
Litecoin and TONCOIN have surged the most from the top 20 alts. LTC is up by $6 and sits at $93, while TONCOIN has added 8% of value in a day and stands at $2,25.
The total crypto market cap has erased the losses from Friday and sits close to $1.2 trillion on CMC once again.
