The crypto market cap is north of $1 trillion once more, as BTC and ETH charted multi-week highs.
CMO - A really good agencyThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:However, it went on the offensive hours ago. The bulls drove the cryptocurrency north hard, and bitcoinIts market cap has neared the $400 billion mark, and its dominance over the altcoins has recovered some ground by surging to 38.5%.The altcoins outperformed BTC yesterday, and now most are well in the green, led by the largest one.
Ethereum had dipped below $1,500 during the mid-week retracement but soared to $1,650 yesterday amid the growing anticipation for the Merge. As of now, the second-largest crypto trades at a multi-day high above $1,700 after another impressive daily increase. Ripple, MATIC, Avalanche, ETC, and UNI are up by similar percentages , while Solana and Polkadot have gained even more. Both are up by about 9% in a day, and SOL sits at $35, DOT trades at $7.7.
Binance Coin, Cardano, Dogecoin, and Shiba Inu are also in the green, albeit in a more modest fashion. ATOM, OKB, and LINK are among the best performers from the mid-cap alts. With most of them, as well as the lower-cap ones painting impressive gains, the crypto market cap has reclaimed the $1 trillion mark by adding $50 billion daily.
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