Bitcoin's price is up above $40K following a massive surge in just a few hours. The correlation with global markets is also put to the test.
Bitcoin’s price is up above $40K following a massive surge in just a few hours. The correlation with global markets is also put to the test.
Bitcoin’s price recovered over 8% in the past seven days, but let’s break it down. This time last week, things were looking quite depressing, and BTC was failing to break out and dipped on Monday. It spiked towards $39K in the following days, but this was also halted by the bears, who once again pushed the price below $37K.
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