Bitcoin experienced significant volatility over the weekend, but it has managed to bounce back and is now trading above $66,000. Meanwhile, Ethereum has seen a 5% increase in its value following the weekend market turmoil. While many altcoins also faced a steep decline, they have started to recover. Some of the top-performing altcoins include SOL, TON, ETH, UNI, MATIC, and BCH. The recent rebound in the crypto market can be attributed to positive news from Hong Kong. Bitcoin’s market capitalization has surpassed $1.3 trillion, although its dominance over other cryptocurrencies has decreased to 51.3%. Overall, the total crypto market cap has risen by nearly $200 billion, reaching $2.540 trillion on CG.
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Bitcoin Jumps Above $66,000, Ethereum Rises 5% Following Weekend Massacre (Market Watch)
