Bitcoin has experienced a volatile journey recently, reaching a significant peak of $64,500, however, it was unable to maintain the rise and retreated significantly. Currently, the value of the cryptocurrency remains above US$63,800, indicating a certain dominance in the altcoin market, despite a slight reduction in its market capitalization to US$1.244 billion.

Bitcoin’s trajectory this month has been marked by intense ups and downs, especially after the Federal Reserve’s decision to maintain interest rates, increasing market volatility. This decision resulted in rapid price fluctuations, with variations of up to US$2,000 in a few minutes. However, after this turmoil, Bitcoin managed to recover, reaching US$59,000 last Friday and continuing its rise until it surpassed US$62,000.