After trading quietly during the weekend, Bitcoin’s price initiated another leg up on Monday that drove it to a new all-time high of almost $72,000.
The altcoins have also turned green, with NEAR leading the pack with a massive 20% surge, followed by the likes of LINK and LTC.The start of this Monday seems like a repeat of the events that transpired last week. Back then, BTC had a quiet weekend, and it stood at just under $62,000. Once the first day of the business week arrived, though, the cryptocurrency skyrocketed by several thousand USD by the end of it and was knocking on the ATH door from 2021.
It felt inevitable that the $69,044 level would fall, and it indeed did later on Tuesday. Then followed a massive rejection that pushed BTC south by approximately ten grand. TheThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Most larger-cap alts have also turned green on a daily scale. Ethereum is among the most modest gainers, having jumped by 2% and trading just inches above $4,000.
Chainlink, IMX, and Litecoin have surged by somewhere between 6-8% today. Nevertheless, NEAR Protocol’s native token has taken the main stage with a massive 20% increase. As a result, NEAR now trades well above $7. The total crypto market cap has added over $100 billion in a day and about $200 billion in the past week and sits above $2.8 trillion for the first time in over two years.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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