Bitcoin (BTC)Crypto News

Bitcoin Reclaims $19,000, Terra Classic (LUNC) Jumps 7% (Market Watch)

                                                            Nach der gestrigen erhöhten Volatilität, bei der Bitcoin innerhalb von Stunden um über 1.500 $ einbrach, hat sich der Vermögenswert erholt und ist über 19.000 $ gestiegen.

Most altcoins are also slightly in the green today, with Terra Classic gaining nearly 7% daily.

Bitcoin back above $19,000

The primary cryptocurrency was fairly stable at $19,000 over the weekend. This comes after last week’s price plunge from $20,000 to a three-month low of $18,100 as the US Federal Reserve announced its latest rate hike.

However, Bitcoin does not stay in one place for long, falling to $18,600 the Monday before shot up to over $20,000 on Tuesday. The latter was a 12-day high.

As reports surfaced that many investors had posed sell orders at the psychological $20,000 mark, the asset is somewhat expected fell around $1,500 and hours later settled for under $19,000.

Nonetheless, it reacted quite positively at this point, rebounding above $19,000 and making an intraday high of $19,800. It’s down a few hundred dollars so far, but its market capitalization stands at $370 billion and its dominance over altcoins has reached 40%.
Bitcoin Reclaims $19,000, Terra Classic (LUNC) Jumps 7% (Market Watch), Crypto Trading NewsBTCUSD. TradingView

LUNC increases by 7% daily

Altcoins suffered just as badly as BTC yesterday, but the landscape seems very different today.

Ethereum, which has underperformed since the merger two weeks ago, fell to around $1,200 at one point yesterday. A similar surge to Bitcoin on a daily basis has now propelled ETH above $1,300.

Binance coin, Rippleund Solana have gained up to 4% in one day and are trading at $281, $0.44 and $33 respectively.

albeit more modestly Cardano, Dogecoin, polka dots, Shiba InuTRON, MATIC and Avalanche are also in the green today.

LUNC is up about 7% in one day in the battle between South Korean prosecutors and Do Kwon rages on.

The cryptocurrency’s total market cap has increased by about $20 billion since yesterday’s crash and is well above $900 billion.
Bitcoin Reclaims $19,000, Terra Classic (LUNC) Jumps 7% (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Source: Crypto News Deutsch

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