Bitcoin’s price dropped below $90,000 during the night but managed to bounce off and reclaim that coveted level.

Several larger-cap altcoins have charted impressive gains over the past day, such as SOL and XRP, while DOGE and SHIB are in the greed.

BTC Reclaims $90K

The business week started on a very positive note for the primary cryptocurrency as it jumped from $80,000 to $85,000 on Monday and up to $88,000 on Tuesday. After a brief correction, the asset went on the offensive once again on Wednesday and skyrocketed to a peak of almost $94,000.

This meant that bitcoin had added over $25,000 in value since the US elections. At this time, though, reports started to emerge that it had reached its local peak. In the next few days, BTC indeed began to retrace and slipped to under $87,000 on Friday morning.

Nevertheless, the cryptocurrency stopped the price drops and started to regain traction in the following days. As such, it jumped to over $91,000 on Saturday but was stopped at $91,500. It slipped below $90,000 during the night but has recovered some of the losses and now sits above that line.