Bitcoin experienced a positive response after its recent decline to USD 41,300, as its losses were offset by an increase of USD 1,500 in the following hours.
Most altcoins also experienced a moderate rise during the last day of 2023, with AVAX recording a level of 40 dollars and Sol stabilizing above the level of 100 dollars.
Bitcoin trading has been volatile over the past weekend, as it tried to break through the USD 44,000 level twice without success.
The following negative reactions led to a sharp drop in the value of the digital currency, falling to 41,600 dollars on Tuesday.
Traders took advantage of this decline to buy, which led to Bitcoin rising by more than 2,000 dollars, reaching almost 44,000 dollars.
This was followed by another decline by the end of the week and on Saturday, which brought it down to a 12-day low of 41,400 dollars (according to Bitstamp).
Bitcoin managed to maintain a level above 41,000 dollars.
In addition, it has seen a rise of 1,500 dollars since then, and now stands near 43,000 dollars with a daily increase of about 2.5%.
Its market capitalization has risen to 836 billion dollars, and it has regained its dominance over altcoins by more than 50% in CoinMarketCap after falling by more than 1% in the previous days.
The value of most altcoins fell yesterday, but today the situation has turned around. The Ethereum currency made a slight rise to more than 2,300 dollars.
Binance currency climbed by 2% to exceed the level of 320 dollars.
