Bitcoin experienced a volatile few days, initially dropping below $41,000 before bouncing back and surpassing $43,000. After reaching a peak of $44,700 on Saturday, the cryptocurrency faced a downward trend, falling to $40,200 on Tuesday. However, the bulls managed to defend this level and push the price back up to around $42,000. Yesterday, Bitcoin made another strong move, breaking through $42,000 and even reaching $43,000. Currently, it is trading just below $43,000 with a market cap close to $840 billion.

While Bitcoin showed strength, altcoins also saw positive movement. Cardano (ADA) led the way among larger-cap altcoins, surging by over 12% and trading close to $0.65. Other altcoins such as Solana (SOL), Polkadot (DOT), and Shiba Inu (SHIB) also experienced gains of 8%, 7%, and 7% respectively. Additionally, Avalanche, Ethereum, Ripple, Dogecoin, Chainlink, and Polygon recorded gains of up to 4%. Some lesser-known altcoins like BONK, Helium, WOO Network, and Injective saw even higher gains.

Overall, the total crypto market cap increased by over $60 billion at one point, although it is currently still below $1.6 trillion. Bitcoin’s dominance over altcoins has slightly decreased but remains above 52%. It is important to note that the information provided is based on the opinions of quoted writers and should not be taken as investment advice. Investors are advised to conduct their own research before making any decisions.