Last week, Bitcoin managed to recover a substantial portion of the ETF-induced losses that occurred in the two weeks after their approval but then stalled at around $43,000 for several consecutive days.

In fact, the asset remained at around that level from last Thursday to this Wednesday with little to no actual movements. That, though, started to change on Wednesday evening when the bulls finally stepped up on the gas and initiated an impressive leg up that resulted in tapping $45,000 by Thursday. The following 36 hours were equally as impressive.

This time, the primary digital asset jumped above $46,000 and $47,000. Moreover, it went as high as $47,700 (on Bitstamp) earlier today for the first time since the ETFs went live for trading on January 11.

This came amid reports that BTC miners have finally stopped selling their holdings in anticipation of the upcoming halving and MicroStrategy’s latest acquisition. Although it took place in January, it was announced earlier this week and pushed the NASDAQ-listed giant’s overall Bitcoin holdings to 190,000 BTC.

Ethereum leads the larger-cap alts in terms of weekly gains. The second-largest cryptocurrency neared $2,500 today after an 8% increase in the past week. Binance Coin follows suit with a 6.6% jump that has pushed it to $322.