Bitcoin Focused on $40000, and BAYC’s Apecoin Soared 8% to a New Peak

Apecoin continued to roll, with another significant daily growth and an all-time high of more than $20.

After plotting a six week low below $38000, bitcoin responded well, increasing by nearly $2000 in 24 hours. Some altcoins have also restored some positions after the recent revision, and apecoin stands out again. Bayc’s native assets marked an all-time high of more than $20.

Bitcoin Focuses on $40000

Over the past few days, the primary cryptocurrency has been quite volatile. It all started on April 25, when it found that its trading price was just over $38000, but the Bulls strengthened and pushed it north.

As a result, BTC soared nearly $3000 in a few hours and recaptured $40000, or even close to $41000. Things changed when the bull market was ready to rise again.

Instead of going further north, bitcoin began to depreciate rapidly to some extent and lost all its recent gains. In addition, this time, it fell below $38000 for the first time since mid March. After marking this multi week low, BTC rebounded and jumped above $39000. So far, it is even close to $40000, but it has not challenged this level. The market value of bitcoin has also recovered, at $750 billion.

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The Apecoin Sees a New ATH

a similar roller coaster in the past few days, but most of them are slightly green today.For example, Ethereum experienced a decline from $3100 to $2800 in just a few days. So far, the trading volume of the second largest cryptocurrency is higher than $2900 after a slight rise every day.

Binance coin also rebounded to more than $400 after a price jump of 2.5% on a 24-hour scale. Solana is at $100, while Luna is at $90. Cardano, Polkadot and avalanche all rose slightly, while ripple, dogecoin and Shiba Inu lost slightly.

Apecoin continues to be one of the best performing currencies, perhaps driven by rumors of bayc’s next efforts. Ape has risen about 8% since yesterday. It registered a new record high above $20.
Since yesterday’s low, the market value of cryptocurrency has increased by about $70 billion, more than $1.8 trillion.