Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The cryptocurrency market bounced today, adding over $50 billion to its capitalization on the back of considerable gains from both Bitcoin and Ethereum.

The past 24 hours took a turn for the better as, the broader cryptocurrency market added over $50 billion to its total capitalization and reclaimed the coveted $1 trillion level. This comes on the back of Bitcoin reclaiming $20K and Ethereum pushing for $1.6K at the time of this writing.

That said, Bitcoin’s dominance, the metric that gauges its share relative to that of the entire market, has declined by about $0.3% in the past 24 hours. While this is not such a significant difference, it shows that altcoins performed better in their recovery.Following days of depressing declines, altcoins are finally seeing some green. Ethereum is up by a whopping 10% since this time yesterday, and it’s currently testing the resistance at the pivotal $1,600 level.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This guy is a genius... . ...

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:

 /  🏆 568. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Recovery: Bitcoin Reclaims $20K, ETH Regains 10% (Market Watch)The cryptocurrency market bounced today, adding over $50 billion to its capitalization on the back of considerable gains from both Bitcoin and Ethereum. This guy is a genius... . ...
Source: Crypto_Potato - 🏆 568. / 51 Read more »