The crypto market cap is up by roughly $120 billion in a day as bitcoin and the altcoins charted notable gains.
Bitcoin registered an impressive leg up, resulting in nearing $48,000 for the first time since the start of the year. The alternative coins are also well in the green, with impressive daily gains by Solana, Polkadot, Avalanche, Dogecoin, Shiba Inu, and more.Bitcoin broke above $40,000 on March 16 and hasn’t looked back ever since.
After a few close-calls, the asset started to gradually reclaim other round-numbered milestones, which ultimately led to tapping $45,000 a few days ago, asThe weekend started in a rather calm manner as BTC had retraced slightly but still remained in aSunday was also a relatively slow day, at first, before it all changed. The cryptocurrency shot up by nearly $3,000 in hours and spiked to an intraday high of $47,800. Moreover, this became the asset’s highest price tag since January 2.
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