After days and days of trading sideways around the $43,000 mark, Bitcoin finally made a move in the past 24 hours and soared past $44,000 for the first time since the ETF-induced declines in January.The primary cryptocurrency tried to overtake the $44,000 mark last week on a few occasions but was halted in its tracks every time. The last rejection pushed it south by nearly two grand after the US Federal ReserveBTC managed to recover some ground by the end of the week and returned to $43,000.
That all changed earlier today when the asset initiated an impressive leg-up that resulted in breaking above $44,000 for the first time since the post-ETF-approvals volatility. Moreover, BTC soared to $44,700 to chart a monthly high.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Its market capitalization has risen to $875 billion, while its dominance over the alts is up to 51.3% on CMC.
Solana and Cardano have increased the most from the larger-cap alts. SOL is up by 6% and sits above $100, while ADA has soared by 9% and trades above $0.5. XRP, AVAX, DOGE, DOT, LINK, MATIC, and TON are also in the green. With most lower- and mid-cap alts charting gains over the past 24 hours, it’s no wonder that the total crypto market cap has added $60 billion overnight and sits at $1.710 trillion on CMC.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
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