Bitcoin rebounds to $42,000 and Ethereum hits 10-day high
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Bitcoin rebounds to $42,000 and Ethereum hits 10-day high
Bitcoin wiped out all of its losses from last Monday’s crash and rose to a ten-day high above $42,000.
Ethereum followed suit with a similar high, but on a daily scale.
Currently, most of the market has calmed down.
The Monero coin is among the few gainers that achieved a record high.
Bitcoin rebounded and reached the $42,000 level:
After a relatively quiet weekend, in which Bitcoin essentially stood around $40,000 with no decisive moves in either direction, the currency’s overall landscape changed last Monday.
As we indicated in previous articles on Arab Bitcoin in a follow-up to the movement of cryptocurrencies, Bitcoin began to lose its value rapidly, breaking below the $40,000 barrier, and plunging to its lowest monthly level at around $38,500.Read:Binance launches a new platform to buy cryptocurrencies for cash targeting 58 countries
But that was where the bulls went up and they didn’t allow for further dips.
Bitcoin bounces back and starts to regain its value and finds itself above the required $40,000 line hours later.
In addition, Bitcoin continued to gradually climb and the price rose above $41,000 yesterday.
In the past 24 hours, Bitcoin rose above the $42,000 level, and so far, it is standing just above that level, and the market cap of Bitcoin has crossed the $800 billion mark.
Ethereum price hits 10-day high:
Altcoins also had a choppy start to the week, with notable price drops on Monday and recovery sessions in the following few days.
Ethereum, for example, fell below $2,900 for the first time in weeks last Monday.
But it quickly rebounded, regained the $3,000 level, and even jumped to nearly $3,200, marking its highest price point since April 11.
On a daily basis, most altcoins are looking relatively calm.
The digital currency “Monero” is among the few altcoins that enjoy remarkable daily increases of about 6.6%.
Thus, XMR is trading above $274.9.Read:Bitcoin whales continue to accumulate and add 50 thousand bitcoins to their balance in the last 4 days
The crypto market is currently standing above $1.95 trillion after falling below $1.8 trillion earlier this week.
Find out the price some Twitter influencers charge when promoting crypto projects!
Robin Hood acquires British cryptocurrency platform Ziglu
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time