News Formal

BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The crypto markets have finally seen some relief, with bitcoin jumping above $20,000 and ether reclaiming $1,000.

The alternative coins suffered just as badly as bitcoin in the past several days, but the landscape has changed, at least for now.

Ethereum had lost more than 50% of its value in about a week at one point as it went to $900 for the first time in over a year. Now, though, ETH is among the most substantial daily gainers and has soared by 16% to just over $1,100. BNB dipped below $200 during the weekend, but a 9% daily increase has pushed it to $210 as of writing these lines.Although displaying more modest increases, ADA, XRP, DOT, DOGE, LEO, and SHIB are well in the green on a 24-hour scale, too.Consequently, the cumulative market cap of all crypto assets has recovered $60 billion in a day and is close to $900 billion.

 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Bitcoin Dominance Down 5% Weekly as BTC Dropped to New 18-Month Low (Market Watch)Bitcoin's dominance over the altcoins has declined by almost 5% in less than a week as the asset fell below $18,000 earlier today.
Source: Crypto_Potato - 🏆 568. / 51 Read more »