The cryptocurrency market is showing positive signs amid international tension. Key cryptocurrencies are indicating recovery.
Bitcoin and Ethereum Recovery
Over the past 24 hours, Bitcoin (BTC) price has shown significant bullish momentum, rising by 4% from a low of $105,539 to $105,679. Trading volume increased to $65 billion, reflecting a 16.53% rise.
Market Trends
Ethereum has also performed well, jumping 10% over the last day to $2,478, supported by a 19% increase in trading volume to $25.8 billion. XRP and Dogecoin (DOGE) have also surged by 10%.
Cryptocurrency Market Overview
Currently, the total market capitalization for cryptocurrencies is $3.2 trillion, with trading volumes surpassing $146 billion. However, many traders faced losses, with over $406.43 million liquidated in the past 24 hours affecting 116,810 traders.
The cryptocurrency market is demonstrating recovery signs amid global instability, but traders should exercise caution.