After another price dip to sub-$37,000 levels, bitcoin went on the offensive and jumped to almost $39,000. Most of the altcoin space seems untypically calm, with Tron being among the very few impressive gainers after a 10% price surge.After last week’s unsuccessful venture above $40,000, in which BTC spiked north of that level twice but was rejected violently, the cryptocurrency has remained well beneath that coveted line.
Moreover, the bears have had almost complete control over the market and didn’t allow BTC to initiate any run-ups. Just the opposite, theyThe last one came 24 hours ago as bitcoin declined to a daily low of $37,500. Nevertheless, BTC reacted well to this price decline and started regaining value somewhat rapidly.
In a matter of hours, it jumped by over $1,000 and neared $39,000. It sits close to that level as of writing these lines, which means that its market capitalization has gone up to $740 billion.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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