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After a bearish start to the week on Monday, bitcoin bounced back on Tuesday, but on Wednesday, sellers regained control of the cryptocurrency, and it dropped to a low of $28,645, while trading at about $30,400 earlier in the day.

The rate of the first cryptocurrency continues to grow - on the morning of April 11, the indicator exceeded $30,000, which was the maximum over the past 10 months.

Renowned venture investor Tim Draper reiterated his bold prediction that the first cryptocurrency would hit $250,000.

Cardano was trading at $0.3840 by 11:02 am (08:02 GMT) on Wednesday, up 10.09% on the day. It was the sharpest daily rise in cryptocurrency since March 21st.

A new recalculation of the complexity of bitcoin mining showed a new record - the figure increased by 7.56% and reached 46.84 trillion hashes.

EOS was trading at $1.2172 by 12:15 (09:15 GMT) on the Investing.com Index on Monday, up 10.06% on the day. It was the sharpest daily rise in cryptocurrency since February 17th.

This growth pushed the market cap of EOS to $1.2652B, 0.11% of the market cap of all cryptocurrencies. Previously, at its peak, the capitalization of EOS was $17.5290B.

Ethereum was trading at $1,742.54 by 16:00 (13:00 GMT) on Tuesday, up 10.09% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

The American stock exchange CME announced the launch of event-based futures contracts for bitcoin. In addition, the panic about American banks has subsided, so the BTC price has risen by 10%.

Bitcoin was trading at $22,449.8 by 07:19 (04:19 GMT) on the Investing.com Index on Monday, up 10.13% on the day. This was the sharpest daily rise in cryptocurrency since November 10, 2022.

With the closure of Silvergate's SEN payment system, stablecoins are likely to become even more mainstream among cryptocurrency traders. The share of their trading on crypto exchanges may grow even more, writes RBC with reference to the report of the analytical platform Kaiko.