After a few days of consecutive price gains, bitcoin retraced slightly and calmed around $47,000. Most altcoins have also stalled since yesterday, with a few exceptions. Waves is among those with an 11% daily increase and 70% weekly jump.It’s safe to say that the past several days went quite well for the primary cryptocurrency. It all started on March 25 when the asset dipped below $44,000 but quickly reversed its trajectory.
In the following hours, it added nearly $2,000 of value and spiked above $45,000 for the first time in weeks. It couldn’t maintain that level and retraced shortly after but went back on the offensive on March 28, asThis time, the asset broke above $45,000 decisively and kept climbing to an intraday high of just under $48,000. On the next day, it brieflySince then, BTC started retracing and even dipped to $46,500 hours ago.