Bitcoin’s price slipped under the $34,000 level but the bulls managed to intercept the move and the asset stands just north of it as of now.
Several altcoins have outperformed the largest cryptocurrency, including Chainlink, Aptos, and Cardano.
BTC Back Above $34K
Bitcoin is at the end of one of its most favorable and positive trading weeks in a long time. It all began on Monday when BTC finally reclaimed decisively the $30,000 level. By the end of the day and on Tuesday morning, the landscape got even better with a massive price surge that drove the cryptocurrecy to its highest price tag in roughly a year and a half at $35,200.
This came amid ongoing speculations about the potential approval of BlackRock’s spot Bitcoin ETF application and a mystery with the ticker. It also drove the Fear and Greed index into a deep ‘greed’ territory.
BTC started retracing slightly after that multi-month peak but went back on the offensive on Thursday when it tapped $35,000 once more. Neverthel
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