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The price of Bitcoin has recovered strongly overnight, rising from around $34,000 to $38,500.
Bitcoin bounces at $30k support to allay fears of a complete capitulation.
It’s been a bloody past day for the Bitcoin and broader crypto market.
The price of Bitcoin abruptly fell by over 5% in just three hours on January 10.
Ethereum has undergone a remarkable rally over the past seven days.
Mohamed A El-Erian, the chief economist at Allianz, said the Bitcoin price surging to a new all-time high at $38,000 could fuel an “interesting conversation.” El-Erian’s comment comes after the United States Capitol in Washington, D.C.
The Bitcoin price surged above $35,000 overnight, recording a 10% increase within 12 hours.
The price of Bitcoin declined by 16% in six hours after an explosive rally to above $34,000.
The market capitalization of all crypto assets in the global market combined have reached an all-time high above $883 billion.
While Polkadot’s native token DOT is down 10 percent in the past day, it is still up 50 percent in the past week after it has undergone an extreme rally, outpacing basically all other large-cap cryptocurrencies.
The price of Bitcoin is surging and there are many catalysts behind it, such as institutional demand and the appetite for risk-on assets.
It appears that the “ape” mentality that captured Ethereum investors in the summer has returned.
It’s been quite a turbulent year for the crypto market.
The XRP price increased by 35% within 45 minutes subsequent to a large correction after Coinbase suspended XRP trading.
If you were around during this past summer’s decentralized finance (DeFi) boom, you likely remember the countless “food forks.” After Yam Finance (YAM) launched in August, every project tried to copy it by making cryptocurrencies that were based on foods.
The crypto industry is finally going mainstream on Wall Street.
The XRP price has declined by 24% in the past hour on Binance after Bitstamp released its statement.
Yes, you read that right: an Ethereum-based stablecoin meant to trade around one United States dollar is up approximately 100 percent in the past 24 hours alone.