In today’s crypto news, we are seeing healthy waves of green and nearly all of the twenty leading cryptocurrencies by market cap are recovering after the sell off which occurred yesterday.
The top 20 cryptocurrencies are seeing a firm recovery. Litecoin (LTC) is up almost 12% on the day and is currently seeing gains of more than 13% over the past week. Binance Coin (BNB) is among the top entrants native to the world’s biggest crypto exchange Binance, and is currently up around 20%. The coin is seeing enormous growth over the week and is around 40% at press time.
Bitcoin, on the other hand, is now testing the $3,900 support level and is currently trading at $3,876 – up by more than 3% over the past 24 hours at press time. The dominant cryptocurrency has managed to recover its weekly losses and is up around 0.3% over the past week. With this, BTC’s dominance on the market has slightly dropped from yesterday’s 52.5% to a 51.9%.
While most of the top 20 cryptocurrencies by market cap are still in the red in weekly terms, EOS (EOS) is up by around 3% over the past 7 days. In contrast to EOS, Bitcoin SV (BSV) which is the Craig Wright-supported hard fork of Bitcoin Cash (BCH) is now seeing the biggest losses over the week and is down by around 8%.
The total market capitalization is up to $131 billion and the daily trading volume is also seeing an increase to $30 billion. Currently, there are 2,101 coins at press time according to data from CoinMarketCap.
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