After a minor downside correction, bitcoin price started a fresh increase above USD 38,500. BTC surged over 8% and reclaimed the USD 40,000 level. It is currently (13:00 UTC) trading well above USD 40,000 and it could continue to rise towards USD 42,000 and USD 42,500.
Besides, most major altcoins are recovering and rising. ETH/USD is back above USD 1,200 and it seems like it could even test USD