bitcoinThe strong collapse of ‘s for a while left its place to an upward movement late last night. Yesterday, Bitcoin, which saw below $ 33 thousand in the downward fluctuation experienced, rose to $ 37,550 with the intervention of the bulls.
The leading cryptocurrency, which gained 10% momentum from yesterday’s bottom price, made the market gain $ 120 billion. While Bitcoin is currently trading above $ 36,400, many altcoin has also been on the rise.
The past 24 hours have been quite turbulent throughout the cryptocurrency space, but this time the bulls managed to trigger an effective bullish momentum. Thus, the overall crypto market has recouped some of the previous losses.
The Bitcoin increase in question polkadot It enabled many altcoins, including (DOT), to record good rises. DOT and wither (SOL) increased by more than 11% in the last 24 hours, while Phantom, which increased by more than 16%, stood out with an increase of 18%. ATOM also attracted attention.
As seen in the image above, the majority of the market is in the green today. Ethereum 7% higher as it surpassed $2,400 BNB, cardano, XRP, terra (LUNA), Litecoin, chains Like altcoins, increases between 6% and 8% were recorded.
However, of course, the risk has passed in BTC, and the upward trend has started. There is still no data to test. You can check out the analysis below: