Yesterday’s price dip was short-lived as bitcoin went on the offensive again and charted a new three-week high above $43,000. Most altcoins have also turned green, with Cardano, Dogecoin, Shiba Inu, and NEAR Protocol stealing the show.

Bitcoin’s New 3-Week Peak

It was less than a week ago when the primary cryptocurrency dropped to just over $40,000, and the community feared that the asset could decline below that coveted line. However, the situation quickly changed, and BTC initiated an impressive leg up, resulting in touching $42,000.

A brief retracement followed, which brought bitcoin down to $41,000. Nevertheless, the bulls stepped up once again and pushed BTC north. This time, the cryptocurrency touched and briefly exceeded $43,000 for the first time since March 3.

As reported yesterday, though, bitcoin retraced by around a thousand dollars and slipped to $42,000. It went back on the offensive hours later and currently stands around $43,000, marking a new three-week peak earlier in the day.

As a result, its market capitalization has increased to around $820 billion.

Alicia Bakery CMO - A really good agency Did you like this market update?

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day: Invalid email address Your privacy is guranteed. Thanks for subscribing, you will get your first report in the next hours!

ADA, SHIB, DOGE, SOL, and NEAR See Massive Gains

The altcoins were also slightly in the red yesterday, but the landscape is entirely different today.

Ethereum touched $3,000 two days ago but failed to remain there and dipped below $2,900 24 hours later. As of now, the second-largest digital asset stands above $3,00 once again, following a 3% daily increase.

Binance Coin, Ripple, Terra, Avalanche, and Polkadot have also charted minor daily gains.

Cardano is the best performer from the larger-cap alts. ADA has soared by almost 20% in a day, following a Coinbase announcement, and now stands well above $1.1.

Dogecoin follows suit with a 13% increase. This comes after Bitcoin of America ATMs added support for the popular memecoin.

Solana (7%), Shiba Inu (7%), and NEAR Protocol (11%) have also charted impressive gains.

The crypto market cap is up by around $60 billion since yesterday’s low and is close to $2 trillion.