Following Extreme Volatility Bitcoin Reclaims $30K, Cardano Soars 7% (Market Watch)

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The volatile wild ride continued in the past 24 hours but bitcoin now sits above $30,000. Cardano has gained the most from the alts.

Following yesterday’s enhanced volatility, bitcoin bounced off and reclaimed the $30,000 mark. Most altcoins are also in the green today. Cardano leads the way with the most impressive daily surge of 7%.Bitcoin spent most of the weekend trading around and beneath the $30,000 line before it initiated an impressive leg up on Monday. It took the asset to a multi-day high of just under $32,000.

While the bulls were preparing for another ride north, the bears intercepted the move and did what they had been doing for the past several weeks and pushed BTC south hard.by almost $3,000 to $29,250 . While this was a wild ride on its own, it didn’t stop there as BTC started reclaiming ground fast and found itself surging to $31,500 hours later.

It has retraced since then and currently stands at $30,500. Its market capitalization is up to $580 billion, and its dominance over the alts is at 46.6%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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