On the night of Saturday, January 14, quotes of the first cryptocurrency exceeded the $21000 mark. In the last day, the asset has increased by 11%, according to the data CoinGecko.
At the time of writing, the price of Bitcoin has fallen to $20700.
The second-largest cryptocurrency approached $1600, but then returned to $1550.
Following the flagships, all assets from the top 10 moved to the "green" zone. Cardano (+9,7%) and Dogecoin (+9,5%) showed the greatest growth. The total capitalization of the cryptocurrency market exceeded $1 trillion.
On the night of January 12, Bitcoin quotes rose above the $2022 level for the first time since mid-December 18000 amid the release of US inflation data. In the evening of the same day, the asset continued its growth and tested the $19 mark.
It will be recalled that in December, Nansen analysts stated that the base scenario for 2023 is the onset of a recession in the US economy and a new wave of sales on the stock market. According to them, in these conditions, cryptocurrencies will be negatively overvalued.