Last Updated on: 28th June 2023, 11:18 am
Crypto News Today: BTC, ETH, DOGE, and Binance Coin Rebounds as International Market Rises 14% Last Night on Wednesday, gaining ground that was lost in an episode of sales fueled by new signs of a Chinese crackdown on crypto mining.
At the time of writing, Bitcoin was up 13% to $38,133, offsetting the losses of the past few days, but still over 40% off last month’s record.
The total market cap is again above the $1.5 trillion marks, up 14% since last night.
It’s been a tough month for Bitcoin and the market as a whole. On May 19, a day is known as “Black Wednesday”, Bitcoin crashed 30% in a 24-hour period and the entire market lost over $500 billion.
Fast forward to 3 weeks later, the usual bitcoin rally is back, pushing the digital currency back above $900 billion, but it’s still a few steps away from the dizzying highs of the $1,000 billion mark that he achieved last month.
Most of the digital currencies in the top 20 cryptocurrencies have seen similar jumps. The second-largest cryptocurrency, Ethereum, rose more than 4% to $2,585 after falling more than 8% on the 7-day index.
The fourth-largest cryptocurrency by market cap, Binance Coin was trading at $365, up nearly 8% since yesterday.
Also Read: Standard Chartered To Join Officially The Cryptocurrency Market
Dogecoin is up nearly 6% in the past 24 hours and has settled at $0.33, despite a 7-day index down a whopping 18%. Its performance has trended in the opposite direction to the rest of the market since Elon Musk’s little betrayal, but it looks like it will return to the racetrack like other top 20 caps once the volatility bug ends. down a bit.
