Bitcoin’s gradual recovery continued as the asset jumped more than $ 110,000 for the first time since Friday, when it was violently rejected.
Most Altcoins have failed to produce any gain on the last day, including CRO, which continues its substantial correction after the recent amazing rally.
BTC EYES $ 111K
It has been a difficult weeks for primary cryptocurrency. The asset reached its maximum point in more than $ 124,000 on August 14, but has been mostly downward since then. By August 22, he had lost more than $ 12,000 of value before he shot at $ 117,500 after Jerome Powell’s speech in Jackson Hole.
However, that was a short -term rally that was followed by more retractions. Last week, Bitcoin threw below $ 109,000 for the first time since the beginning of July. After another attempt for failed recovery, the Bears started one more leg at the beginning of the current commercial week that took the cryptocurrency to a minimum of two months of just over $ 107,000.
The bulls finally resurfaced at this point and did not allow an additional breakdown around $ 100,000. BTC jumped and jumped more than $ 109,000 yesterday and up to $ 110,500 from now on. Its market capitalization has approached the milestone of $ 2.2 billion, while its dominance over the Altcoins has remained stable above 56%.
NEW TOP 100 REP
Red continues to dominate the lists of the Altcoins. Ethereum has fallen below $ 4,400 after a daily decrease of 1.8%. XRP is $ 2.8 after a lower fall, while Doge has decreased by more than 2.5% and is $ 0.213. BNB, TRX, ADA, Link, Hype and Sui are also in red.
Cro has lost another 4-5% of the value in the last 24 hours. The asset has fallen by more than 30% since its local peak at $ 0.38 marked last week. In contrast, ENA has shot at 8% at $ 0.7.
Memecore has entered the 100 main alternatives for market capitalization after a mass increase of 30% that has raised its price at more than $ 0.82.
The total capitalization of the Crypto market has added around $ 30 billion since yesterday and is now in just over $ 3.9 billion in CG.
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