Bitcoin Falls Back to $42K, Ethereum Classic Up Another 10% (Market Watch)

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While bitcoin and most alternative coins have stalled since yesterday, Ethereum Classic keeps charting impressive gains.

After briefly exceeding $43,000 to mark a 20-day high, bitcoin retraced slightly and fell back to the January 2021 all-time high of around $42,000. Most altcoins have stalled today, but Ethereum Classic continues to roll on with another massive increase.The past several days went rather well for the primary cryptocurrency without any excessive movements in either direction.

One of the most substantial price gains came on March 18th when BTC jumped from $40,000 to a daily high of $42,000. It fell back by a few hundred dollars in the following days before it went on the offensive once again yesterday.$43,000 for the first time since March 3rd. It remained around that level for most of the trading day, but the bears came to play and pushed it south.

As a result, BTC slipped to $42,000, and it stands around that level once again now. As such, its market capitalization has declined slightly to $800 billion.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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