Just a week after hitting $ 30,000, the price of bitcoin surged above $ 40,000.
According to TradingView, this BTC soared more than 40% week. As of this writing, the bitcoin price has rolled back below $ 39,000.
In less than a month, after BTC broke through $ 20,000, its price doubled to $ 40,000.
Former Grayscale CEO Barry Silbert tweeted:
It's funny that now a Bitcoin rollback to $ 20,000 will seem like a smart moment to buy for many.
Despite the success of Bitcoin, some altcoins were able to grow even more. Since the beginning of the year, ETH is up 62% and Stellar (XLM) is up 150%. As a result, the bitcoin dominance index fell below 70%.
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According to the materials cointelegraph.com