Crypto market recovery? Bitcoin back above $30K as fresh demand pushes bullish momentum

 90 total views,  5 views today

Crypto market recovery? Bitcoin back above $30K as fresh demand pushes bullish momentum

Crypto market recovery? Bitcoin back above $30K as fresh demand pushes bullish momentum.

Flagship cryptocurrency asset, Bitcoin, is bullish at the start of the London session today, trading above the $30,000 zone, as the lost bulls of the market have finally been found. Bitcoin is up over 10% as of the time of this writing after falling to trade as low as $26,350.49, as a result of the LUNA capitulation.

READ: Crypto bl00dbath: $840 million liquidation as Bitcoin falls to $30,000

The cryptocurrency market capitalization is up 11% as of the time of this writing, to currently stand at $1.3 trillion. Yesterday, the market capitalization nearly fell below $1 trillion, to trade as low as $1.15 trillion, a price point not traded since June 2021.

READ: World’s Richest Man Elon Musk buys Twitter for $44bn

With bitcoin rallying, so is the alcoin as they are all posting gains of 10% and above with some tokens like BNB, ADA, DOT posting over 30% gains in the last 24 hours. The current rally is attributable to increased demand from bullish as investors are mopping up the lower price ranges seen in the market.

READ: How To Apply For NPF Microfinance Bank Loans, Step by Step

Stick with us as we bring you more updates.

DO YOU HAVE ANYTHING YOU WANT TO TELL US ABOUT NIGERIA? CLICK HERE TO JOIN ESSENCE FORUM AND SHARE YOUR TOPICS WITH OVER 4000 MEMBERS.

WATCH MORE NEWS ON OUR YOUTUBE CHANNEL CLICK HERE TO SUBSCRIBE

Crypto market recovery? Bitcoin back above $30K as fresh demand pushes bullish momentum.

From Toktok9ja Media

The views expressed in this article are the writer’s opinion, they do not reflect the views of the Publisher of TOKTOK9JA MEDIA. Please report any fake news, misinformation, or defamatory statements to toktok9ja@gmail.com

Leave a Reply

Your email address will not be published.