Bitcoin Rebounds 10% From Yesterday’s Bottom, Crypto Markets Gain $120B The cryptocurrency market managed to recover about $120 billion since yesterday’s bloodbath. Bitcoin is trading around $36K while many altcoins bounce.
The past 24 hours were quite turbulent throughout the cryptocurrency field, but this time around, bulls managed to catch a break and recovered some of the previous losses. The total market capitalization increased by about $120 billion since yesterday’s bottom as many coins managed to bounce back.Right off the bat, it’s worth looking into Bitcoin’s price, which went on a massive roller coaster throughout the past 24 hours.
Yesterday, the cryptocurrency plunged in a vicious downwards spiral and ended up hitting a price slightly below $33K . This was followed by the entire market. However, bulls stepped in and defended the level with multiple consecutive hourly candles, which ultimately led the price to reach $37,550.At the time of this writing, Bitcoin’s price hovers around $36K, which is an estimated 10% increase since yesterday’s bottom.
On the other hand, there are cryptocurrencies like DASH, as well as CVX, which failed to chart any considerable increases and are slightly down or breakeven compared to 24 hours ago.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Fights to Maintain $35K: SOL Down 19% on Network Issues (Market Watch)The crypto market is back in red with massive price losses from Solana, Terra, Cardano, and other altcoins. Bitcoin fights for $35K.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions – Market Updates Bitcoin NewsFor the most part, the down volumes across cryptocurrency spot markets and derivatives have affected the crypto economy negatively. This reduction in liquidity is done by large corporations and governments to plunder the small capital of ordinary people, the 2% community whose profits come from the pockets of the people. Of course with the help of large exchange offices around the world Amazing BSCGem dippage time Did you look at PayItNow_PIN PIN is a new decentralized cryptocurrency Don't miss buy opportunity with small portion of fees BSC Binance cryptocurrencies BlueSparrowtoken
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. They will continue to go down, there are Arabs who need to afford those Lamborghinis. 🤣🤣🤣 Hi, I am a structural engineer from Iran who have many ideas. I have summarized some of my ideas on my twitter(I suggest look at the idea of generating electricity by gravity). I want to work with companies and investors. Do you want to cooperate?
Source: Forbes - 🏆 394. / 53 Read more »
Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market CrateredTHEY BOUGHT THE DIP: Crypto funds attracted fresh money last week even as bitcoin's price fell by the most since May. AngeliqueChen07 reports. AngeliqueChen07 I've been asking you all to help with my daughter's treatment for a week now. I have asked my government for help, but have not received a response. I realized that the virtual world and coins are more important for people than saving someone else's life. Health to your children.
Source: CoinDesk - 🏆 291. / 63 Read more »
Bitcoin, Coinbase, Peloton, Kohl’s: What to Watch When the Stock Market Opens TodayCrypto stocks were following cryptocurrencies lower; An activist investor wants Peloton’s chief executive fired. Peloton crash incoming
Source: WSJ - 🏆 98. / 63 Read more »
Technical Analysis: Cosmos Climbs Higher, While Solana's Fall Continues – Market Updates Bitcoin NewsAfter trading lower for the majority of Monday’s session, crypto prices were slowly starting to find support, with a few markets rallying.
Source: BTCTN - 🏆 531. / 51 Read more »