SOL and MATIC are among the few notable gainers in the past 24 hours.
Bitcoin reacted well to this massive price drop. It shot up above $20,000 almost immediately and headed toward $21,000. However, the bears came back to play at this point and reversed its trajectory. As of now, the asset stands inches above the coveted $20,000 line.This is all you need not to miss any price action in the raging crypto markets.
The altcoins, which are supposed to be a lot more volatile than stablecoins, are in slightly better shape today. ETH has reclaimed $1,400 after a 2.3% increase. BNB is close to $275. ADA, DOGE, DOT, SHIB, and AVAX are with more gains as well. Moreover, MATIC and SOL have soared by between 5% and 6% in a day to above $1 and $17.5, respectively.
The total crypto market cap has added around $10 billion since yesterday, but it’s still miles below $1 trillion.
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