Crypto
Bitcoin Reclaims $60K as SOL, BCH Lead Alts Higher (Market Watch)
Bitcoin recovered from a 24-hour low of $58,300 to trade above $60,000, up nearly 3% on the day, with its market capitalization near $1.2 trillion.
Key takeaways
- Bitcoin recovered to above $60,000 after dropping to $58,300.
- Bitcoin’s market capitalization is back near $1.2 trillion.
- Total cryptocurrency market capitalization is up 2% to $2.16 trillion.
- Bitcoin dominance remains above 56%.
- XRP-linked ETFs saw inflows while Bitcoin and Ether ETFs suffered outflows.
Bitcoin recovered from a 24-hour low of $58,300 to trade above $60,000, up nearly 3% on the day, with its market capitalization near $1.2 trillion. The broader cryptocurrency market also rose, with a total capitalization of $2.16 trillion and daily trading volume exceeding $83 billion. Ethereum gained 3% to trade near $1,625, while Solana, Bitcoin Cash, Cardano, and Chainlink posted stronger gains of 3-5%. Bitcoin dominance remains above 56%, and XRP-linked ETFs saw inflows amid outflows from Bitcoin and Ether ETFs.
By the numbers
- $60,500
- Bitcoin price at writing
- +3%
- Bitcoin daily gain
- $1.2T
- Bitcoin market capitalization
- $2.16T
- total crypto market cap
- +2%
- total crypto market cap daily gain
- $83B
- daily crypto trading volume
How it unfolded
- Bitcoin dropped to $58,300
- Bitcoin recovered to $60,500
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Common questions
- What happened with Bitcoin?
- Bitcoin recovered to above $60,000 after dropping to $58,300.
- Where can I read the original report?
- Read the full report at cryptopotato.
