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Bitcoin price rises above $42,000 — highest in three weeks
Bitcoin price today rose above $42,000 for the first time in three weeks.
In January, the digital currency fell as low as $33,000 from an all-time high of $68,990 recorded in November 2021.
According to CoinMarketCap cap, Bitcoin rose 3 percent to $42,708 as most cryptocurrencies trade on the green line.
The Bitcoin cryptocurrency began its rapid rise from $37,500 on February 3 and has since remained significantly more positive.
Over the weekend, Ethereum, the second-largest crypto, maintained its gains above $3,000 in two weeks.
Similarly, most major altcoins are rising steadily. Dogecoin (DOGE) climbed 6 percent to $0.156532, while Shiba Inu (SHIB) rallied 21 percent, representing $0.000027. The crypto market cap has increased by $60 billion to $1.950 trillion in a few days.
Analysts predict that Bitcoin may steal the show this week, pumping aggressively while other digital currencies rally alongside.
Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.
She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others
