Bitcoin’s price went on a rollercoaster over the past 24 hours, while CryptoCom’s CRO recovered by over 12% overnight.
The cryptocurrency market is more or less where it was 24 hours ago, but a lot has happened in the meantime. BTC’s price went on a rollercoaster, and so did most of the altcoins. The total market capitalization remains firm at around $890 billion, adding $10B during the day. Bitcoin’s dominance dropped very slightly and is currently sitting at 36.6%.reported yesterday, BTC’s price shot up suddenly following the tweets of Elon Musk and Binance’s CZ. The latteran industry recovery fund aimed at helping solid but distressed crypto projects following the FTX fallout.
The price increased to an intraday high of $17,190 on Binance but was met with steep resistance, and the bears were able to push it back to a low of $16,191 later in the day.As seen in the chart above, the price has managed to recover and is currently found at around $16,800.This is all you need not to miss any price action in the raging crypto markets.
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