Crypto market bouned back after showing dismal performance last week. Crypto market observed 10.4% rise in last 24 hours. Market which fell below to $0.93 Trillion managed to surpass $1 Trillion. Current Marketcap is around $1.07 Trillion. Almost more than $100 Billion added in the market in last 24 hours.
BTC as usual at the top of the list with a market cap of $466 Billion. BTC which was struggling to surpass $20,500 last week observed 14.5% rise in last 24 hours. Currently king of crypto coin is trading around $24,500. Rise in BTC worth also increase its marketcap share of BTC. Currently BTC has a market share of 43.6% of the market cap.
ETH which fell below $1,500 last week bounced back. Coin observed 9.33% rise in last 24 hours. Currently coin is trading around $1630. Coin has a market share of 19.1% of the total marketcap Top two coins have a share of 62.7% of the overall market cap. This reveals the influence of top two coins over other coins.
Alt coins followed the path of BTC & ETH. Green color dominance observed in the market. Our blockchain coin Hive observed a massive 13.4% rise in last 24 hours. Overall market bounced back and it will help to build investors trust over market. Is this the end of long crypto bearish season. It is hard to tell as it may be a bull trap. One bad news may badly hit the market. Hope for the best and prepare for the worst. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
