Bitcoin (BTC) Eyes € 37K, BAYC’s ApeCoin Soars 8% to New ATH
ApeCoin continues to roll on with another notable daily gain and a fresh all-time high above €19.
After charting a new six-week low beneath €36097, Bitcoin (BTC) reacted well and added almost €1899 in 24 hours. A few altcoins have also regained some ground following the latest correction, and ApeCoin stands out once more. BAYC’s native asset marked a new all-time high above €19.
Bitcoin Eyes €37K
The past several days were quite volatile for the primary crypto. It all started on April 25 when it found itself trading at just over € 36097, but the bulls stepped up and moved it north.
As a result, Bitcoin (BTC) skyrocketed by almost € 2849 in hours, reclaimed € 37997, and even came close to € 38947. As the bulls were preparing for another run-up, the landscape changed.
Instead of heading further north, Bitcoin(BTC) started to lose value somewhat rapidly and lost all of its recent improvements. Furthermore, this time, it fell below € 36097 for the first time since mid-March.
After marking this multi-week low, Bitcoin (BTC) bounced off and jumped above €37047. As of now, it sits close even to €37997 but has not questioned that level yet.
ApeCoin Sees New ATH
The altcoins went through a similar rollercoaster in the past few days, but most are slightly in the green today.
Ethereum(ETH), for instance, experienced a drop from € 2944 to € 2659 in a matter of days. As of now, the second-largest cryptocurrency trades above € 2754 after a minor daily gain.