Bitcoin reclaims $40,000 as crypto volatility lingers
Bitcoin rose above $40,000 again on Wednesday, despite the recent volatility in the cryptocurrency market. The largest cryptocurrency jumped 6.5% to $40,904, while smaller coins such as ether rose 7.5% to over $2,906. Despite this, bitcoin has dropped 30% this month and 37% from its all-time high of nearly $65,000 in April. Nevertheless, it has still gained 40% in 2021.0