After being stopped short of crossing the $43,000 threshold on Saturday, the price of Bitcoin has now dropped to about $42,000. With the exception of Shiba Inu and Internet Computer, which have both seen notable gains, the majority of altcoins have had just modest daily losses.
Following a 19-month high last Saturday, Bitcoin saw a gradual retreat on Sunday, then a sharp decline of $3,000 on Monday, bringing its price down to little under $41,000. Bulls changed the course of the cryptocurrency and drove it up above $43,000. With a market value of less than $820 billion, Bitcoin‘s price has stayed comparatively steady despite the US CPI statistics and Ledger vulnerabilities on Thursday. It is now trading at slightly under $42,000.
Following a 19-month high last Saturday, Bitcoin saw a gradual retreat on Sunday, then a sharp decline of $3,000 on Monday, bringing its price down to little under $41,000. Bulls changed the course of the cryptocurrency and drove it up above $43,000. With a market value of less than $820 billion, Bitcoin’s price has stayed comparatively steady despite the US CPI statistics and Ledger vulnerabilities on Thursday. It is now trading at slightly under $42,000.