Bitcoin Jumps to 3-Week Highs Above $22K
Bitcoin went on a roll in the past 24 hours by surging past $22,000 for the first time since mid-August.
Most alternative coins are quite calmer now, with some notable gains seen from Solana and Uniswap.
Bitcoin Above $22K
The price of bitcoin dumped hard in the middle of last week when the bears drove it to a six-week low of $18,500. However, the cryptocurrency reacted quite well after this drop and reclaimed $19,000 shortly after.
It remained stable there for a while, and even the record-breaking interest rate hike from the European Central Bank couldn’t shake it.
Just the opposite, the asset went on the offensive as the working week was coming to its end and soared above $20,000. The weekend brought even more gains as bitcoin went to $21,500.
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