LUNC continues to recover with another double-digit price surge, while BTC has jumped above $19,000.
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As a result, the cryptocurrency dumped to a six-week low of $18,500. It reacted well at this point and added about $1,000 in hours but has lost a few hundred dollars since then and now sits just over $19,000.
Its market cap has regained $10 billion in a day, but its dominance over the alts has taken another hit and is down below 38%.The alternative coins suffered just as badly as BTC yesterday, but most have outperformed the leading crypto asset now. Ethereum has been quite volatile lately, perhaps fueled by anticipation for the upcoming Merge. Upon the implementation of the Bellatrix update earlier this week, ETH soared above $1,650, and it dumped beneath $1,500 a day later. As of now, a 6% daily increase hasBinance Coin and Solana are also up by up to 6% in a day. As a result, BNB sits at $280, while SOL is at $32.
The rest of the larger-cap alts are also in the green, albeit with more modest gains. ETC, ATOM, NEAR, LINK, and EOS have gained the most from the mid-cap alts.support for its burning mechanism. Overall, the crypto market cap has recovered $40 billion in a day, but the metric is still below the $1 trillion mark.
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