Bitcoin Marked 10-Day High, Shiba Inu Soars 8% (Market Watch)

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Bitcoin and most of the altcoins are once again slightly in green, while Shiba Inu and Terra are up by almost 10%.

Bitcoin registered another minor increase in the past 24 hours and jumped to a 10-day high of around $42,500. Most altcoins are also slightly in the green again, with Shiba Inu and Terra leading the pack following 7-8% gains.After the enhanced volatility bitcoin experienced in the middle of last week, when it soared by $3,000 in minutes but retraced just as rapidly and vigorously, the asset

. In fact, it stood around the coveted $40,000 mark for several days before it initiated another impressive leg up late on Friday.$42,000. However, it couldn’t maintain that level for long and dipped once again shortly after. The bulls kept the pressure on, though, and pushed the primary cryptocurrency to around $42,500 hours ago. This became its highest price tag since March 9th.

As of now, the asset has lost some traction and stands around $42,000. As such, its market capitalization has neared the $800 billion mark, but it’s still just shy of it.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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