Following yesterday’s enhanced volatility, bitcoin bounced off and reclaimed the $30,000 mark. Most altcoins are also in the green today. Cardano leads the way with the most impressive daily surge of 7%.Bitcoin spent most of the weekend trading around and beneath the $30,000 line before it initiated an impressive leg up on Monday. It took the asset to a multi-day high of just under $32,000.
While the bulls were preparing for another ride north, the bears intercepted the move and did what they had been doing for the past several weeks and pushed BTC south hard.by almost $3,000 to $29,250 . While this was a wild ride on its own, it didn’t stop there as BTC started reclaiming ground fast and found itself surging to $31,500 hours later.
It has retraced since then and currently stands at $30,500. Its market capitalization is up to $580 billion, and its dominance over the alts is at 46.6%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Markets Shed $80 Billion as Bitcoin Crashes Below $30K (Market Watch)Yesterday's green market was short-lived as bitcoin and all altcoins have dumped hard today, with the total market cap declining by $80 billion. Bitcoin once AGAIN dipped deeper into its old resistance area, in a bid to get into a new support area before next week it’s simple Buy Hodl Everyone follow Mu_76k she’s a super underrated Bitcoiner. I take her tips seriously and it’s superb Follow her
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Market Wrap: Bitcoin Close to $30K as Investors Search for a BottomMARKET WRAP: Bitcoin $BTC is approaching the middle or late stage of a bear market phase, according to some indicators, and $30K is just another tightrope. NewsAsset and intocryptoverse and invest_answers what does the trio think about this? Are we there yet? This will be a while and could last all summer. Until then I'd rather buy and hold a project like BIT wherein you get rewarded through airdrop from the treasury, and the whole DAO stays secure through members engaging through voting
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies – Market Updates Bitcoin NewsFollowing a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. Airdrop available now at bigest event! MATIC_GIVEAWAY It workkkkkksss MATIC_GIVEAWAY Thanks so muuuuuccccch for this gift MATIC_GIVEAWAY
Source: BTCTN - 🏆 531. / 51 Read more »