Bitcoin Spikes 5% Breaking Above 41K And Drags Altcoins Along
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Bitcoin Spikes 5% Breaking Above 41K And Drags Altcoins Along

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/tfquey/bitcoin_spikes_5_breaking_above_41k_and_drags/"> <img src="https://external-preview.redd.it/4OM0xiNx6s0pE-tAgEOGppubHe9pp0XGrQ15OTNW8sg.jpg?width=640&amp;crop=smart&amp;auto=webp&amp;s=f1a0e834353236b8ddca47b12dedb9f5b30e01c0" alt="Bitcoin Spikes 5% Breaking Above 41K And Drags Altcoins Along" title="Bitcoin Spikes 5% Breaking Above 41K And Drags Altcoins Along" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>Bitcoin experienced a sudden 5% spike which drove its value above $41K and pushed several altcoins such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) sharply higher. </p> <p>According to data from CoinGecko, Bitcoin moved from $39K to $41K in around 2 hours on Wednesday, 16th March. However, it then dropped back down to $39K before climbing above $40K again.</p> <p>Bitcoin has a 41% dominance of the cryptocurrency market, and as a result, its price movements almost always influence the broader market. </p> <p>SOL, ETH, and ADA spiked almost perfectly in line with BTC. All three altcoins saw an increase of around 5% before witnessing a similar decrease to BTC.</p> <p>BTC and the altcoins gave up some of their gains following the spike. However, they have all held a positive 24 hours trend with SOL moving up 5.2%, ETH 5.9%, and ADA is up 2.9%. Sou<br/> <a href="https://swapzone.io/blog/bitcoin-spikes?utm_source=reddit&amp;utm_medium=social&amp;utm_campaign=promo">Source</a></p> <p><a href="https://preview.redd.it/49q2de3vrsn81.png?width=1199&amp;format=png&amp;auto=webp&amp;s=cc3810cfed544cf01c2e98402cd6860e5b9423df">https://preview.redd.it/49q2de3vrsn81.png?width=1199&amp;format=png&amp;auto=webp&amp;s=cc3810cfed544cf01c2e98402cd6860e5b9423df</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SwapzoneIO"> /u/SwapzoneIO </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tfquey/bitcoin_spikes_5_breaking_above_41k_and_drags/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tfquey/bitcoin_spikes_5_breaking_above_41k_and_drags/">[comments]</a></span> </td></tr></table>Kind Regards R
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