• bitcoinBitcoin$48,010.000.38%
  • ethereumEthereum$3,421.69-0.37%
  • ElrondElrond$241.76-0.57%

Bitcoin Grows by 15% in Just 3 Hours

Bitcoin’s price grew by over 10% only a few hours earlier today, with prices increasing from about $35,000 to almost $40,000.

Price action indicates a violent short squeeze that took place as the price went above $35,000 with bullish momentum suddenly increasing as the price rallied 15% from about $34,000 to $39,800 in less than three hours.

It took Bitcoin five days to grew from $30,000 to $34,000. Today’s increase makes Bitcoin the top gainer in one day by market cap.

Polkadot and Chainlink have also experienced a big increase, as they both have jumped by 11% since yesterday.

Ethereum has registered a growth of about 7% since yesterday, which makes it the weakest-performing crypto in the top 10.

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