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Bitcoin price rises sharply in price and can make gains. The picture shows a price curve as well as stacked Bitcoins.
A small Bitcoin price recovery is taking place again. After the Bitcoin had fallen to below 30,000 USD, BTC can record gains again in the morning hours of today.
Thus, Bitcoin is now quoted at 30,800 USD and thus 3.3 percent above the value of 24 hours ago. Ethereum (ETH/ +6 percent), Cardano (ADA/ 6.39 percent), and Binance Coin (BNB/ 5.06 percent) are also back in the green. Although the market capitalization of the entire crypto market is still below the value of two days ago, at USD 1.26 trillion, the recovery is still positive.
In recent months, a price drop had often not been apparent and came suddenly. But just as quickly it went up again for the bitcoin. This time, the price declined much more slowly. Thus, over the course of the days, BTC first fell step by step to below 33,000 USD, before the drop to below 30,000 USD followed.
At the same time, this time it took a little over 24 hours for bitcoin to significantly rise again after the drop. The chart movement in the next few days could be of essential importance for the medium-term course.
