Bitcoin price grew 5% today, trading above $43,900 after a strong weekend. This was mostly due to Tesla’s announcement, according to which it has close to $1.9 billion worth of bitcoin. But bitcoin was not the only crypto that was positively affected. Overall, crypto markets rose more than 3% today.

Bitcoin was struggling in the past three weeks, and the recent price increase came as bitcoin marginally broke out of its resistance level of $42,060 for the first time since January 21.