Bitcoin Tops $42,000 For The First Time In Three Weeks
Bitcoin tops $42,000 for the very first time in Three weeks.
In January, the digital currency dropped to $33,000 from an all-time high of $68,990 recorded in November 2021.
According to CoinMarketCap cap, Bitcoin rose 3 percent to $42,708 as most cryptocurrencies trade on the green line.
The Bitcoin cryptocurrency began its rapid rise from $37,500 on February 3 and has since remained significantly more positive.
The 30 per cent price drop last month was reflected across the broader crypto market, which has lost close to $1.3 trillion from its overall market cap since peaking at an all-time high of close to $3 trillion in November.
Leading cryptocurrencies Etherum (ETH), BNB and solana, have grown by about 1 per cent in the last 24 hours, while others including polkadot and cardano have surged by over 3 to 4 per cent.