Despite the greater part of the financial community gleefully pronouncing Bitcoin's obituary for the umpteenth time in 2022/2023, the world's pre-eminent cryptocurrency has again roared in defiance
The world's biggest currency hit as high as $40,210 in Sunday trade, its highest since April 2022. It was steady at $40,011 in thin trade early in the Asia day on Monday.
Bitcoins share of the $1.38 trillion crypto market is down to about 49% from a peak of 51.5% in October, CoinGecko data shows. Digital-asset investors often view such a drop as a sign of growing risk appetite.