The global crypto market continues to recover due to the increased influx of capital. Bitcoin remains green for the second straight day, gaining over 7% in the last 24 hours. The price action of Ethereum also remains bullish as it has added 6.50%. Cardano and Tron are both bullish as they have added 2.63% and 3.74%, respectively.
Let's now understand the current market scenario in detail and estimate the performance of Bitcoin, Ethereum, and others for the next few hours.
In the last 24 hours, the flagship cryptocurrency has been trading upwards. At the time of writing, Bitcoin is up by 7. 40% at a price of $21,823 and a market cap of $416 billion.
Ethereum also continues to benefit from the bullish market, adding 6.05% over the last day, which helped ETH to reclaim the $15B market cap value. It is currently changing hands slightly above the $1,240 level with a 24-hour trading volume of $15,840,658,989
The global crypto market has finally recovered and managed to add considerable value. The coins like Bitcoin, Ethereum, and others have also added considerable value to their stash. Currently, the global market cap value stands at $961.99 billion. If the current momentum continues, it can easily reclaim its 1 Trillion value