After yesterday’s enhanced volatility again, where bitcoin tapped a ten-day high above $39,000, the asset has calmed just below that level. Most alternative coins are untypically stable on a daily scale, with ETH standing beneath $2,800 and Polkadot reclaiming $20.The past several days were quite volatile for the leading digital asset, starting from a near $2,000 drop on January 31st that drove it from above $38,000 to a multi-day low at just over $36,500.
However, bitcoin failed to sustain that level and has retraced to around $38,500 as of writing these lines. As such, BTC’s market cap has remained well above $700 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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Bitcoin, Ethereum Technical Analysis: BTC up 10% From Same Point Last Week – Market Updates Bitcoin NewsDespite trading lower on Monday, bitcoin is up over 10% from the same point last week, with ETH also gaining within that period. SonofDogeV2 SODV2SpaceX I am not surprised to see them growing. It should have happened despite all warnings and negative predictions for cryptos. Those that were patient and caught the dip are in plus now. 🚀🚀🚀🚀
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