The first decentralized cryptocurrency, Bitcoin, hit back at its $41,000 mark through a massive end-of-week rally, which places it at $41,175 currently, according to CoinmarketCap data.
This peak is also accompanied by a great 24-hour volume of trading of US $ 22.2 billion, which means that the market is very active. For the last 24 hours, Bitcoin has had a significant change at 3.35%.
Jim Cramer, a financial expert, urges the holders to “Roll Out” and advises, in response to the recovery of Bitcoin, that they need to implement a reasonable strategy.
Despite the recovery of Bitcoin, however, this is a positive sign, which suggests that the investors’ confidence is returning, which may define the market dynamics in the coming days.
The fact that the price of bitcoin has risen to $41,000 serves as a new stage in the history of investments in digital assets as the overall revival of the leading cryptocurrency on the global market.