After several days of freefalls and dropping below $40,000, bitcoin has calmed around that level.
Bitcoin’s inability to break above $47,000 last week meant incoming trouble.
However, that was not all, as the bears kept the pressure on.
After marking this multi-week low at just over $39,000, BTC bounced off and regained some traction.
The alternative coins suffered just as badly as bitcoin in the past few days, if not worse.
ETH dipped beneath $3,000 for the first time in weeks but has bounced off and now trades above it.
Shiba Inu, though, stands out as the most impressive performer since yesterday.