After a few consecutive days of price slumps, bitcoin finally initiated an impressive leg up hours ago and exceeded $48,000. Most altcoins are also green ahead of 2021’s end, with Ethereum reclaiming $3,800 and the crypto market cap gaining $70 billion in a day.
Bitcoin Surges Above $48K in Minutes
The past several days didn’t go all that well for the primary cryptocurrency. The asset had skyrocketed to $52,000 on December 27th after finally breaking above its $50,000 nemesis.
While the community rejoiced and anticipated further price increases, BTC reversed its trajectory as the bears came to play. A day later, bitcoin found itself trading $3,000 lower, and it plummeted to $46,000 yesterday, as CryptoPotato reported.
The cryptocurrency bounced off rather quickly and traded around $47,000 when a sudden price pump in the past few hours drove it north by $1,500. As a result, BTC jumped above $48,000 and now sits around $48,500. Moreover, its market capitalization has increased to ove
We współpracy z: https://cryptopotato.com/new-years-green-market-as-bitcoin-surges-past-48k-market-watch/
