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Tag Archives: Total Market Cap

Bitcoin Price Reclaims $36K As Crypto Market Cap Eyes $1 Trillion Again (Market Watch)

After the severe crash that drove BTC to about $30,000, the cryptocurrency has recovered some losses and reclaimed $36,000. Most alternative coins have also bounced off yesterday’s lows as the market cap looks to reconquer the $1 trillion level.Bitcoin Back Above $36KFollowing the highly positive first ten days of the new year, BTC headed for its worst 24-hour correction since the mid-March 2020 liquidity crisis.The primary cryptocurrency sat near its all-time high of $42,000 before the bears...

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Black Monday: Over $200 Billion Erased From The Market Cap As Bitcoin Crashes Below $33K

It seems that the long-anticipated cryptocurrency correction has finally materialized as over $200 billion vanished from the market cap. Bitcoin plummeted to below $33,000, while most alternative coins have it even worse with massive double-digit price drops.Bitcoin Loses $9K In A DayAfter a highly volatile and positive first ten days of the new year, in which BTC broke above $40,000 for the first time and charted an all-time high of $42,000, the cryptocurrency headed south.During the...

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Market Watch: Bitcoin Dominance Eyes 70% As Total Market Cap Inches From $1 Trillion

As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...

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Total Crypto Market Cap Breaks The January 2018 ATH: Bitcoin Touches $33K

Shortly after bitcoin broke above its 2017 all-time high of $20,000, most of the cryptocurrencies followed with serious gains. Earlier today, the cumulative market capitalization of all digital assets overcame the previous high by surging north of $836 billion.According to data from one of the leading cryptocurrency monitoring resources, CoinMarketCap, the market cap reached somewhere around $834 billion during the parabolic price increase in 2017/2018.However, the recent bull run within the...

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Bitcoin Soars $1700 In 48-Hours: Trading Over $19K As Market Cap Gains $20B (Market Watch)

Just two days after bottoming at $17,500, bitcoin has recovered the losses and spiked back beyond $19K, as of writing these lines. Most major altcoins are also green, besides Ripple (XRP), which continues to drop in value following the Spark (FLR) airdrop snapshot.Bitcoin Soars Above $19,300: Overvalued?The primary cryptocurrency had a volatile past several days. Last Friday, just two days ago, It went from trading safely around the $19K mark to as low as $17,500.However, after Wall Street...

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Market Watch: Correction Continues as Bitcoin Below $18K While ETH Loses $550

Although bitcoin reclaimed the $18,000 mark at first, the asset failed to sustain its run and has dipped below it. Most alternative coins have suffered in the past 24 hours as well, as Ethereum has dived beneath $550.Bitcoin Falls Below $18KBitcoin has suffered in the past several days. Following the relatively calm weekend when it traded around $19,000, the asset nosedived to $17,650 a few days later.The cryptocurrency bounced off initially from that low and took back the $18,000 level. In...

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Waiting For The Next Move: Bitcoin Recovers Following The $2,000 Crash (Market Watch)

Following the steep price drop of nearly $2,000, bitcoin bounced off the $17,600 bottom and has risen above $18,000 again. Most alternative coins have also recovered some of the losses, and the market cap has added about $20 billion since yesterday.Bitcoin Reclaims $18,000After the relatively calm weekend bitcoin had where it dabbled with the $19,000 price tag, the cryptocurrency experienced a significant drop yesterday. BTC went from a high of $19,300 to $18,000 before continuing south to...

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Bitcoin Plunges $900 In Hours: Global Market Cap Losses $35 Billions

December 8 was a bad day for Bitcoin. The world’s largest cryptocurrency in terms of market cap broke down, losing all the profits it had gained since November 29, 2020.Over the past few days, the $19,000 line became a kind of war zone, with bitcoin going up and down that price with no clear dominance of bulls or bears.However, things changed on December 8, 2020. At 6 am UTC, BTC had a quick dip from $19,299 to $18,798 in just 3 hours, with a low of $18,680. BTC was unable to recover from the...

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The Calm After The Storm: Bitcoin At $17K As DeFi Rebounds

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day.Bitcoin’s Black Friday SaleFollowing weeks of gradual increases that led to BTC coming less than 3% away from its 2017 all-time high, the primary cryptocurrency plummeted yesterday.Bitcoin went from a high of $19,500 down to $16,250 in a matter of hours. In other words,...

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$80 Billion Wiped Off Total Market Cap as Cryptocurrencies Get Massacred

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...

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