After a few days of freefalls and touching a 2-week low, bitcoin has bounced off and is close to $44,000. The altcoins are also slightly in the green today, but NEAR Protocol has stolen the show with a massive double-digit surge.bitcoin’s recent price movements, which were primarily going south. The asset spiked above $47,000 on a few occasions up until April 5, before the bears took complete control over the market.
A day later, BTC found itself dipping below $45,000, and the situation worsened yesterday – April 7. This time, bitcoin dumped by another two grand to a daily bottom of $42,800. This became its lowest price point since March 24. However, the cryptocurrency bounced off at that point and started to regain traction. As of now, it stands close to $44,000, which means that it has added around $1,000 in the past 24 hours.
Nevertheless, its market capitalization has slipped below $850 billion. It’s worth noting that the metric was above $900 billion until about a week ago.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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