Bitcoin Hit a 9-Day High, and BAYC’s Apecoin Soared 30%.

Apecoin soared the most in 24 hours and now exceeds $16. Bitcoin and some Altcoins produced slight daily growth.After yesterday’s recovery, bitcoin continued to climb in the next 24 hours and hit a nine day high, slightly higher than $41500. Although most Altcoins have calmed down today, some Altcoins, such as Solana, Terra and Polkadot, mark a sharp rise. Nevertheless, Ape is the most important beneficiary.

Apecoins Stole the Limelight

Altcoins experienced increased turbulence on Monday, when the whole market was covered by red. Yesterday was the recovery time, and most of them remained in a similar position or even increased.

Ethereum found that its trading price was $2900 in the adjustment earlier this week, but it recovered $3000 yesterday and is now around $3100. Binance coin and ripple suffered only slight losses at $420 and $0.75, respectively.

Cardano, avalanche, dogecoin and Shiba Inu rose slightly every day. Solana, Terra and Polkadot all rose more than 5%. Therefore, the transaction price of sol is $107, Luna is $95 and dot is $19. Bayc’s recently launched local currency, Apecoin, is the best performing currency today. The asset has soared more than 30% and is now above $16.

The market value of cryptocurrency increased by about $40 billion in one day, well above $1.9 trillion after falling below $1.8 trillion two days ago.

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Bitcoin’s Recent Local Peak

BTC was fairly calm over the weekend after failing to break through $42000 in assets on Friday. It fell to about $40000 and hovered above the line for nearly 48 hours.However, the situation changed on Monday, when a sudden price correction pushed the largest cryptocurrency to the south. As a result, bitcoin lost about $2000 in a few hours, falling to a monthly low of just over $38000.

As reported yesterday, BTC recovered all losses, even briefly touching $41000. Despite its initial failure, the asset also regained this level and hit a nine day high of $41750 earlier today (at bitstamp).

Up to now, BTC has fallen by several hundred dollars, and its market value is slightly close to the $800 billion mark.