Crypto Markets Add $170 Billion in a Day as Bitcoin Explodes Above $41K (Weekend Watch)

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The crypto market cap added over $170 billion in a day as the entire landscape has changed. Bitcoin surged pass $40,000.

After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from Ethereum, Binance Coin, Cardano, Sollana, Polkadot, and many others.It was on January 20th and 21st when the primary cryptocurrency slumped below $40,000 for the first time in months.

This is where the situation changed, though. While trading between $37,000 and $38,000 yesterday, bitcoin went on a tear andIt only kept climbing in the following hours, and BTC is now situated at around $41,500. This means that the cryptocurrency is up by $4,000 since yesterday. As a result, its market capitalization, which had dumped beneath $700 billion just days ago, is now close to $800 billion.This is all you need not to miss any price action in the raging crypto markets.

 

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