Bitcoin Spikes to 4-Days High, SOL, AVAX, DOT, and MATIC Soar Double-Digits (Market Watch)

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The crypto markets are in the green once again, with several altcoins registering notable double-digit gains. BTC stands above $21K.

Bitcoin continues with its attempts to recover some of the recently-lost ground and has increased to just over $21,000. However, it has been outperformed by most of the altcoins. Some, such as DOT, AVAX, SOL, and MATIC, have marked massive double-digit gains.Following the massacre that transpired in the past week, and especially during the weekend, the alternative coins have begun their recovery sessions.

Ethereum was among the most substantial losers. At one point, ETH had lost over 50% of its value in about a week and dumped all the way down to $900. Yesterday, though, brought some relief to the second-largest crypto, which reclaimed $1,000. Another daily increase has now pushed it above $1,100. BNB dipped below $200, but it’s currently above $220 following a 5.5% jump now. ADA has seen a similar increase and trades at $0.5. XRP, DOGE, LEO, and SHIB are also in the green.

The most impressive gainers from the larger-cap altcoins are Solana, Polkadot, Avalanche, Chainlink, and Polygon. All of them are up by double digits on a daily scale.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:The overall crypto market cap has added another $40 billion in a day and is well above $900 billion now.

 

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