Cryptocurrency markets have been seeing volatility for the past week, and today has been no different. Bitcoin, the preeminent cryptocurrency, surged by $3,000 in the span of a few hours to challenge the $38,000 level, adding around $30 billion to its total market cap. This surge was followed by altcoins as well, with Ethereum reclaiming the $2,000 goal and Binance Coin jumping above $250. Other altcoins widened the market's gains, with Solana, Cardano, Dogecoin, Polkadot, Toncoin, and Uniswap each gaining up to 8%. Avalanche emerged as the leading altcoin, with a 27% surge. Altogether, these increases added $60 billion to the total market capitalization, which now stands around $1,450 trillion.
Jaxon Chavez
- 2023-11-16
Cryptocurrency Markets Surge, Market Cap Reaches $1.45T
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