CandleFocus Bitcoin Eyes $99K as Altcoins Produce Double-Digit Gains: Recovery Weekend Watch
2024-12-21
Author: Content Editor
Bitcoin's price has reversed its recent slumps and surpassed $99,000. After a market-wide crash, altcoins have also rebounded with double-digit increases. Bitcoin had reached an all-time high of over $108,000 before experiencing a sharp decline, dropping to a three-week low of $92,000. However, it has since recovered and currently sits at around $98,500. The market capitalization for Bitcoin is at $1.950 trillion, with a dominance rate of 54.6% over altcoins. Altcoins such as Ethereum, XRP, BNB, SOL, TRX, and HBAR have also seen price increases. The total crypto market cap has risen from below $3.4 trillion to over $3.550 trillion.
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