The market appears to be stabilising after yesterday’s correction, during which the majority of cryptocurrencies pulled back after their sharp rise. As several cryptocurrencies are surging, the price of Bitcoin is now charging at $35,000. Let’s get started.
The Price of Bitcoin Tries to Reach $35K
Over the course of the last day, the price of Bticoin has been rising, reaching $35K in an effort to reclaim this important milestone. According to CoinGecko, the cryptocurrency is currently trading at $34,800, up 1.6% for the day.
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During the day, the market has been rather quiet. Over the course of the last 24 hours, long and short bets totaling $72 million have been liquidated. However, 77% of them were shorts, suggesting that the bulls are still in control at this point.
Bitcoin Hits $35K Milestone as Solana (SOL) Bulls Resume Charge,Bitcoin Hits $35K Milestone as Solana (SOL) Bulls Resume Charge
Major Alts are led by Solana (SOL) towards recovery.
In addition to Bitcoin, altcoins are rapidly growing. As seen by the fact that alts have outperformed Bitcoin over the last 24 hours, its dominance has actually dropped to about 50.4%.
Solana keeps rising, soaring by 10% during the day. It has reclaimed the $40 mark and is currently rising past it.
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Over 2% of cryptocurrencies are seeing significant increases on their charts. Whether the rally extends into the week or if it’s really a weekend pump is something to watch.
Bitcoin Hits $35K Milestone as Solana (SOL) Bulls Resume Charge,Bitcoin Hits $35K Milestone as Solana (SOL) Bulls Resume Charge,Bitcoin Hits $35K Milestone as Solana (SOL) Bulls Resume Charge, Bitcoin Crypto news, Bitcoin News