Bitcoin Reclaims $39K: Shiba Inu and Solana Soar 8% (Market Watch)

After a few consecutive days of nosedives, bitcoin bounced off and added over $1,000 of value. Most altcoins also turned green after the recent turmoils, with Solana, Terra, and Shiba Inu leading the pack.
Bitcoin Taps $39K
It was the middle of last week when the primary cryptocurrency challenged $45,000 as the bulls seemed to control the market. Yet, the subsequent rejection at that level meant upcoming troubles for the asset.
In a matter of hours, bitcoin slumped by several thousand dollars and dumped all the way down to $40,000 for the first time since early February. While this level held initially, the situation worsened shortly after, and bitcoin found itself struggling below it on Friday and during the weekend.
Somewhat expectedly, BTC dropped by a few thousand dollars once again yesterday, as reported, resulting in a nosedive towards $38,000 – the new lowest price point since February 4th.
As of now, BTC has reclaimed some ground and stands around $39,000. Nevertheless, being

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