Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)

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Bitcoin Stalls Below $30K, Polkadot Recovers Another 7% (Weekend Watch)
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While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000.

below $30,000 where it’s currently sitting. As such, its market cap stands at just over $550 billion.The altcoins went through something quite similar to bitcoin. Ethereum traded at $3,000 earlier in May but dumped to a multi-month low at $1,700 during the correction’s most violent day. It bounced off at that point and reclaimed the $2,000 line days later.This is all you need not to miss any price action in the raging crypto markets.

Polkadot and Avalanche are the only two with notable price gainers. AVAX is up by 3%, while DOT has soared by more than 7% and trades north of $11.The crypto market cap has remained relatively sluggish in the past two days and is now at $1.250 trillion.

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