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Solana and Avalanche Log Big Gains as Bitcoin Reclaims $40,000

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Bitcoin has reclaimed the $40,000 level for the first time in two weeks

The two aforementioned cryptocurrencies are currently outperforming the rest of the market.

In the meantime, Bitcoin, the flagship cryptocurrency, has managed to reclaim the $40,000 level for the first time since Jan. 21, soaring 9% to reach an intraday high of $40,450 on the Bitstamp exchange. The crypto king has staged a sharp recovery after dipping earlier today due to unexpectedly strong U.S. jobs data.

 

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