On Dec. 8, precisely one month in the past, was hovering across the $18,700 vary, with many analysts debating as as to whether the flagship asset would be capable to maintain its bullish momentum and cross its all-time excessive worth near $20,000. Nicely, how rapidly issues have modified since then as a result of inside a interval of simply 30 days, Bitcoin (BTC) has repeatedly scaled as much as new ATHs, even surpassing the $41,000 barrier.
Over the course of the final seven days, BTC has exhibited a considerable progress of round 41%, with the digital asset seemingly breaking new floor with every passing day. Nevertheless, this has led to traders changing into more and more nervous since there are a lot of who instantly are given flashbacks of the 2018 crash that resulted in most cryptocurrencies crashing onerous inside a matter of days.
What’s inflicting BTC to soar?
Are altcoins inextricably linked to BTC?
Is the crypto hype actual?
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