Bitcoin (BTC) plunged beneath the $28,000 market on April 3, when the highest 12 cryptocurrencies moved to the purple zone. Nonetheless, the flagship digital foreign money reveals bullish momentum with the $25 billion market restoration.
On April 3, bitcoin dipped to a 24-hour low of round $27,300 as the full crypto market witnessed a $28 billion fall. It began to maneuver upwards as key indicators confirmed optimistic indicators.
Bitcoin is buying and selling at roughly $28,020 on the time of writing, based on crypto.information information. The biggest cryptocurrency is up by 1.2% previously 24 hours with a market cap of over $542 billion. Furthermore, BTC has a market dominance of 46.1% on the time of writing.
![Bitcoin is back to the $28k mark as the market rallies - 1](https://crypto.news/app/uploads/2023/04/Bitcoin-price-April-4.png)
Bitcoin’s bullish momentum began as the full crypto market capitalization rose from its native backside of $1.15 trillion to $1.175 trillion in lower than 24 hours, based on CoinMarketCap (CMC) data
Moreover, Glassnode information reveals that the variety of addresses depositing bitcoin on exchanges has consistently moved upward since April 1. The quantity has reached a one-month excessive of 4,976.714 on a seven-day median common.
On April 3, information offered by Glassnode prompt the rise of BTC accumulation, which is a key bullish indicator, based on a crypto.information report. The pattern comes whereas bitcoin is closing to the $30,000 mark, with buyers piling up on the asset.