At the same time, bitcoin trades sideways, while ETH has reclaimed $1,200.
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Today’s top gainers are Solana and Ethereum Classic from the larger-cap alts. SOL is up by over 9% and trades north of $14. It’s worth noting that Solana’s native token has been among the poorest performers since the FTX-Alameda saga began earlier this month. ETC, on the other hand, has jumped by 6% and has reclaimed $20.
With most lower- and mid-cap alts trading sideways today, the overall crypto market cap has remained relatively still at $835 billion on CoinMarketCap.The primary cryptocurrency had fallen hard earlier this week, charting a two-year low on Tuesday. This came after a relatively stable weekend during which the asset stood mostly around $16,500.
As mentioned above, though, yesterday was quite different. BTC recovered about 5% and jumped to its weekend levels of $16,500. It tried to head even further north in the past 24 hours, but the bears stopped it before it had the chance to challenge $17,000. As of now, it trades at a familiar ground, but there’re warnings that the bottom might not be here yet, at least
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