Bitcoin Reclaims Its Throne Amid Broader Crypto Market Recovery | Crypto

Bitcoin Reclaims Its Throne Amid Broader Crypto Market Recovery

– Bitcoin surged 8.26% early Friday to breach the psychological $20,000 level.
– The industrys largest cryptocurrency by market cap plummeted as low as $18,644 on Wednesday, but was mostly trading between $19,200 and $19,300 yesterday.
– Todays breakout pushed the price of Bitcoin to $20,808 by press time, a level not seen since August 26.
– The bullish price action also helped to propel the cumulative market capitalization of all cryptocurrencies back above the $1 trillion mark.
– Ethereum has meanwhile surged 5.2% over the past 24 hours and is currently changing hands at $1,706.
– Solana is the best-performing asset among the top ten cryptocurrencies, with the price of the token rallying 9.3% over the past 24 hours.
– Polkadot is on a similarly impressive run, with the 10th largest asset up 9.6% on the day.
– Cosmos and Chainlink have both posted double-digit gains, up 22.9% and 12.5% respectively.

shutterstock 1912078063 gID 5 Bitcoin Reclaims Its Throne Amid Broader Crypto Market Recovery

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