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Crypto Markets Gain $50B Overnight as Bitcoin Price Explodes to 18-Month High (Market Watch)

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Bitcoin stood relatively still for a few days but soared by over a grand and a half in the past 24 hours to reach its highest price tag since early May 2022.

Just the opposite, bitcoin went on the offensive in the following hours and spiked to almost $36,000. After a brief rejection, asThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:BTC has been unable to overcome the $37,000 line yet and currently sits inches below it. Nevertheless, its market capitalization skyrocketed to over $710 billion, while its dominance over the alts stands strong at just above 52%.

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Widening Crypto Rally Lifts Total Crypto Market Cap to $1.3TBitcoin (BTC) inched closer to $36,000 in the last 24 hours, as the widening altcoin rally and risk-on sentiment in traditional markets lifted the total value of the crypto markets to a 16-month high. André Dragosch, who was recently appointed as head of research at ETC Group, discusses his crypto markets outlook.
Source: CoinDesk - 🏆 291. / 63 Read more »