The value of the first cryptocurrency reached $48.086 and then slightly decreased. 

Bitcoin Exceeded $48.000

On Monday, March 28, Bitcoin quotations rose sharply, exceeding $47.000 early in the day and reaching $48.000 at the end. According to CoinMarketCap, the maximum price was fixed at $48.086, a local high of 2022. By Tuesday morning, the price of BTC decreased slightly, and as of 11:00 am (GMT+3), the first cryptocurrency was trading at $47.500. 

The overall increase in Bitcoin quotations over the last week exceeded 12%. Following the first cryptocurrency, altcoins also grew in price. Among the top 20, the largest growth in the last 7 days showed:  

  • Cardano (ADA) — 29%;
  • Solana (SOL) — 22%;
  • Dogecoin (DOGE) — 19%; 
  • Shiba Inu (SHIB) — 18%;
  • Polkadot (DOT) — 15%.

Almost all assets are in the green zone. The total capitalization of the crypto market exceeded $2.1 trillion. Analysts believe that the bulls will meet the next major resistance level around $48.300, where the line of the 200-day moving average passes.

Author: Evgeny Tarasov
#Altcoin #Bitcoin #Cryptocurrency