Bitcoin has seen some good gains in the last day which eventually saw the digital asset climb over $29,000 for the first time in nine months, albeit briefly. But despite the price gains that the digital asset has seen in this time, it is still not the best performer in the crypto market as some altcoins continue to put up impressive rallies.

Bitcoin (BTC) has begun 2023 with a bang, marking a positive turnaround from a year-long swoon.

Lithium-ion batteries are available in everything - from cell phones to electric vehicles. They are also very efficient in storing energy, which allows you to pack more power in a fairly small battery. But, unfortunately, lithium-ion batteries also have drawbacks - they degrade over time, begin to store less and less energy and are able to light up.

Bitcoin and other cryptocurrencies were rising Friday after a volatile but buoyant week. However, Saturday and Sunday lie ahead as a challenge for crypto traders, with a lack of liquidity in markets likely to exacerbate price swings.

Ethereum price started a downside correction from the $1,840 zone against the US Dollar. ETH is still holding the $1,700 support and might attempt a fresh increase.

The Bitcoin to Ether (BTC/ETH) price ratio has reached its highest level since July 2022 as Bitcoin outperforms the broader crypto market, according to a recent report by Kaiko.

The crypto king has recorded a 31% increase since March 12, compared to ETH's 18% gains.

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As the banking crisis has spread from the United States to Europe, Bitcoin may find the perfect macro environment for a major price rally. In a tweet, notorious trader Andrew Kang wrote that the macro backdrop has never been more perfect.

After Bitcoin soared to over $26,500 following yesterday’s release of the Consumer Price Index (CPI) in the US, the price experienced a sharp correction. The BTC price briefly fell just below $24,000. At the time of writing, Bitcoin was trading at $24,868, below key resistance at $25,200.