Bitcoin Taps 3-Week High, Cardano Explodes 17% and Reclaims $1 (Market Watch)

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Ethereum jumped above $3,000, while Cardano skyrocketed by almost 20% in a day and soared above $1 for the first time in weeks.

Yesterday’s price dip was short-lived as bitcoin went on the offensive again and charted a new three-week high above $43,000. Most altcoins have also turned green, with Cardano, Dogecoin, Shiba Inu, and NEAR Protocol stealing the show.It was less than a week ago when the primary cryptocurrency dropped to just over $40,000, and the community feared that the asset could decline below that coveted line.

A brief retracement followed, which brought bitcoin down to $41,000. Nevertheless, the bulls stepped up once again and pushed BTC north. This time, the cryptocurrency touched and briefly exceeded $43,000 for the first time since March 3.yesterday, though, bitcoin retraced by around a thousand dollars and slipped to $42,000. It went back on the offensive hours later and currently stands around $43,000, marking a new three-week peak earlier in the day.

 

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