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Bitcoin Eyes $99K as Altcoins Produce Double-Digit Gains: Recovery Weekend Watch
The total crypto market cap is above $3.550 trillion once again, signaling a strong recovery after the recent crash. This weekend brought significant price surges across all major cryptocurrencies, with Bitcoin (BTC) leading the charge by breaking through the $99K mark earlier today. The asset has since settled at around $98,500.
The market capitalization of Bitcoin has also rebounded to $1.950 trillion, while its dominance over the altcoins stands at 54.6% on CoinGecko (CG).
On the other hand, alternative coins have taken a massive leap, with many recovering by double-digit increases. Ethereum (ETH) plummeted to $3,300 but has since regained much of those losses, trading close to $3,500 after a remarkable 6% daily gain.
Ripple (XRP) has also bounced back, re-emerging above $2.30 after hitting the low point of under $2 on Friday. Other notable performers include BNB, SOL, TRX, HBAR, and numerous other tokens that have surged by around 5-6% each since yesterday.
Source: cryptopotato.com
