Despite the recent volatility, bitcoin has managed to sustain above the coveted $20,000 line. Most altcoins are also slightly in the green today, with ETH spiking towards a near 10-day high at $1,200.Last week ended on a highly volatile note in which bitcoin skyrocketed by over $2,000 in minutes to just under $21,000. However, that turned out to be a fake breakout as the cryptocurrency retraced just as quickly.
Following such enhanced price fluctuations, the asset calmed at around $19,000 when the weekend came, and given the fact that July 4 was the national US holiday, not much happened in terms of price action on Monday either.roller-coasterFollowing another retracement to sub-$20K levels, bitcoin jumped back above that line and remains there as of now. As such, its market cap is close to $400 billion, while the dominance over the alts sits tight at 42.4%.