Crypto News - Binance Coin and Ethereum Leading Market Recovery - Bitcoin News
Crypto News - Binance Coin and Ethereum Leading Market Recovery - Bitcoin News
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Binance Coin and Ethereum Lead $200 Billion Crypto Market Recovery
The crypto market posted a strong healing in the last 24 hours.
Binance Coin (BNB) and Ethereum (ETH) jumped by more than 10% in the last 24 hours as the total market cap of cryptocurrencies gained around $200 billion within a single day. The crypto market came back highly after losing almost $250 billion last week.
According to the most recent information published by Coinmarketcap, Binance Coin touched $550 on Monday after a dive of around 10% in the last 24 hours. Currently, BNB has a market cap of more than $82 billion.
Ethereum, the world's second-most valuable cryptocurrency, remained the best-performing digital possession amongst the top 5. Additionally, ETH surged by more than 12% within a single day and registered an all-time high of $2,630 on 22 April. Presently, ETH is trading near $2,450 with a market cap of nearly $280 billion.
The latest surge in Binance Coin and Ethereum is causing a plunge in Bitcoin's total market cap. The total market dominance of the world's most valuable digital currency dropped listed below 50% over the weekend for the first time in almost 3 years.
Ethereum currently accounts for around 15% of the total crypto market cap. The world's 3rd most important digital currency Binance Coin accounts for nearly 4% of the total crypto market cap.
The crypto market has actually seen a number of corrections because the start of this year, however the most recent recovery was quicker than any other in the past few months. The current $200 billion crypto market cap recovery triggered huge liquidations of brief positions.
According to the latest data released by crypto analytics firm, Bybt.com, nearly $70 million worth of brief crypto positions got liquidated during the last 4 hours. A total of 182,000 traders were liquidated in the past 24 hours.
The crypto market posted a strong healing in the last 24 hours.
Binance Coin (BNB) and Ethereum (ETH) jumped by more than 10% in the last 24 hours as the total market cap of cryptocurrencies gained around $200 billion within a single day. The crypto market came back highly after losing almost $250 billion last week.
According to the most recent information published by Coinmarketcap, Binance Coin touched $550 on Monday after a dive of around 10% in the last 24 hours. Currently, BNB has a market cap of more than $82 billion.
Ethereum, the world's second-most valuable cryptocurrency, remained the best-performing digital possession amongst the top 5. Additionally, ETH surged by more than 12% within a single day and registered an all-time high of $2,630 on 22 April. Presently, ETH is trading near $2,450 with a market cap of nearly $280 billion.
The latest surge in Binance Coin and Ethereum is causing a plunge in Bitcoin's total market cap. The total market dominance of the world's most valuable digital currency dropped listed below 50% over the weekend for the first time in almost 3 years.
Ethereum currently accounts for around 15% of the total crypto market cap. The world's 3rd most important digital currency Binance Coin accounts for nearly 4% of the total crypto market cap.
The crypto market has actually seen a number of corrections because the start of this year, however the most recent recovery was quicker than any other in the past few months. The current $200 billion crypto market cap recovery triggered huge liquidations of brief positions.
According to the latest data released by crypto analytics firm, Bybt.com, nearly $70 million worth of brief crypto positions got liquidated during the last 4 hours. A total of 182,000 traders were liquidated in the past 24 hours.
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