Market Watch: Bitcoin Price Spiked to 3-Week High

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Bitcoin touched $45,000 to chart a near three-week high, while some alts such as LUNA and SOL saw impressive gains.

Bitcoin kept climbing in the past 24 hours and tapped $45,000 to mark its highest price line in roughly three weeks. Most altcoins have calmed now, excluding Terra and Solana. Both are up by more than 6% and stand at $95 and over $100, respectively.The volatile roller-coaster in the crypto market continued in the past 24 hours, led by bitcoin’s movements. The asset hadto just over $34,000 last week when Russia launched its special military operation against Ukraine.

However, as the Western leaders refused to get directly involved in the war, BTC began its rapid recovery. In a matter of hours, the cryptocurrency regained all lost value and even took a swing at $40,000 but to no avail at first.. Moreover, it even touched $45,000 yesterday, which became its highest price line since February 10th.

As of now, bitcoin has lost some ground and stands around $44,000. Nevertheless, its market capitalization remains well above $800 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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