Bitcoin bounced off in the last hours of March, reclaiming $28,000 and posting a 23% price increase for the third month of the year.

Several altcoins are also well in the green, with ETH surging past $1,800, while SOL has returned to over $20.

BTC Back Above $28K

The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by $1,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the asset north hard.

Just a few days later, bitcoin found itself surging beyond $29,000. However, that was short-lived as well, and it started losing value quickly in the following days. Thus, BTC dumped to $27,600 on Friday.

The end of the last day of March, however, was more positive for the cryptocurrency as it regained over $1,000 in hours and went to a daily high of $28,800 (on Bitstamp).

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Author: Jordan Lyanchev

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