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Bitcoin price back above $40,000

Bitcoin price back above $40,000

The price of the leading cryptocurrency resumed its rally. At the time of writing, BTC is around $40,600.

The screenshot below shows that the price rise is supported by a spike in trading volumes.

Hourly price chart of Bitcoin. Data: TradingView.
Update:

Bitcoin reached the $41,271 mark.

Most liquid crypto assets were in the green. Here is the top twenty in CoinGecko’s ranking:

Data: CoinGecko.

Total market capitalization stands at $1,9 трлн. Bitcoin’s dominance index is 40.4%

On February 24, amid the war in Ukraine, the bitcoin price fell below $35,000.

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