Bitcoin’s price is currently $54000 based on data from coinmarketcap.com; as Bitcoin rallies towards its previous ATH of $58330, the price recovered over 8% in less than 24 hours and this is a bullish sign for Bitcoin’s price. This recovery comes at a time when the top 20 altcoins ranked on market capitalization are gaining momentum and offering over 7% gains in 24 hours.
The asset has recovered from the price drop following the Bitcoin options expiry worth $1.2 Billion at the end of February 2021.
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