Bitcoin Surges to a 2-Week High, ETH Gains 5% (Market Watch)

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As a result, bitcoin’s market capitalization has jumped above $320 billion. Its dominance over the alts has remained at 38%, which could also be regarded as a positive development since the metric had dipped to 37.5% earlier this week.Ethereum was among the most harmed altcoins after the FTX saga, dropping from over $1,600 to under $1,100.

ETH stood around $1,200 for a few days straight, but a 5% increase now has pushed it to almost $1,300 as of writing these lines. Ripple, Dogecoin, Cardano, Polygon, Polkadot, Litecoin, Shiba Inu, OKB, and Tron are also with notable gains from the larger-cap alts. Binance Coin is among the few alts with minor daily declines. However, BNB still stands north of $300.

Overall, the crypto market cap has added almost $20 billion in a day, and the metric is over $850 billion now.

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