Hold onto your hats, folks! The crypto rollercoaster is in full swing, and it's not slowing down anytime soon. In the past 24 hours, many altcoins are riding high with gains of about 4-5%.
Let's talk Bitcoin – the wild child of the crypto world. Yesterday, it had us all on edge, skyrocketing to a breathtaking multi-month high of $68,000 before tumbling down a few grand, only to settle around $67,000. It's like the crypto version of a heart-pounding thriller!
Meanwhile, Litecoin and Dogecoin are stealing the spotlight among the big players, each leaping by roughly 6%. Who let the DOGE out? Woof, woof!
Just last Thursday, things were looking pretty grim. BTC took a nosedive to a monthly low, slipping under $59,000. But never underestimate the power of the bulls! They charged in, dusted Bitcoin off, and by the weekend, most of those losses were ancient history.
Fast forward to Monday and Tuesday, and Bitcoin was in beast mode, charging to an eye-popping $68,000. This wild ride caused over $250 million in liquidations. Talk about a crypto shake-up!
Even though Bitcoin stumbled slightly, dropping a few thousand in a heartbeat, the bulls weren't ready to give up. BTC is now cruising above $67,000, boasting a 2% increase in the last day. Bitcoin is definitely the star of this show, and you don't want to miss a minute of this drama!
This Bitcoin bonanza is likely driven by the buzz around spot ETFs, sending its market cap soaring to nearly $1.330 trillion. Its grasp on the altcoin world has tightened, dominating with a 55% share.
While most altcoins are taking a breather after riding Bitcoin's rollercoaster, Dogecoin is barking up a storm, jumping over 6% and trading above $0.124. Litecoin isn't lagging either, matching DOGE's leap and trading over $70.
In the grand scheme of things, the total crypto market cap has swelled by $30 billion since yesterday and an astonishing $130 billion in just two days. We're now looking at a market cap sitting pretty above $2.4 trillion. It's a thrilling time in the crypto world, so buckle up and enjoy the ride!
