BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)

The alternative coins suffered just as badly as bitcoin in the past several days, but the landscape has changed, at least for now.

Ethereum had lost more than 50% of its value in about a week at one point as it went to $900 for the first time in over a year. Now, though, ETH is among the most substantial daily gainers and has soared by 16% to just over $1,100. BNB dipped below $200 during the weekend, but a 9% daily increase has pushed it to $210 as of writing these lines.Although displaying more modest increases, ADA, XRP, DOT, DOGE, LEO, and SHIB are well in the green on a 24-hour scale, too.Consequently, the cumulative market cap of all crypto assets has recovered $60 billion in a day and is close to $900 billion.

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