Crypto market sees over $100 billion inflow in 24 hours as Bitcoin reclaims $30k
– Bitcoin has reclaimed the $30,000 level today, May 13, after a tumultuous few weeks where bearish pressure has caused most cryptocurrencies to extend to the downside.
– As a result of Bitcoin’s increase in price, altcoins have also increased in price, leading to an infusion of cash into the global cryptocurrency market cap.
– The overall market capitalization has increased by over $100 billion in the last 24 hours.
– Despite this, there are indications that the rapid decline may be coming to an end.

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