Bitcoin reclaims $40,000

After declining over 42% since its all-time high of nearly $69,000 on Nov.10 last year, Bitcoin, the largest cryptocurrency by market capitalization, is recovering and gaining 9.55% after 24 hours, leading to a growth in the price of the entire market.

Bitcoin is currently trading at 41,520 USD and accounting for over 41% of the total $1.6 trillion cryptocurrency market capitalization.