Urgent: Sheba and Luna explode. Bitcoin surpasses 36,000
After bloody and violent losses reminiscent of the crashes of March 2020 and last May, it looks like digital currencies are taking a much-desired pause for a return to a bullish trajectory.
The crypto market had lost nearly $500 billion in two consecutive sessions, in which it fell to $1.57 trillion, while it has now fallen to $1.67 trillion.
Analysts believe that the currency market may have bottomed recently, and some have started buying the dips...as the market prepares for another wave of ascent.
Bitcoin is now up over 2% to successfully break above the $36,000 levels while hovering between $36.1k and $34.34k.
Bitcoin's market value surged in the $20 billion range, hitting the $681 billion levels, after falling near the $660 billion levels.
During these moments, trading rose on Sunday, the 100 largest digital currencies, while the market managed to recoup nearly $100 billion of its two-day losses.
Sheba and Luna Revolution
The top 100 digital currencies rose, led by SHIB/USD, which rose over 30%, reaching levels of $0.00023, while its market value jumped to levels near $13 billion.
Ter Luna/USD rose over 22%, reaching levels near $69, while its market capitalization surged to over $28 billion and ranked 9th among cryptocurrencies.
Urgent: enormous heights.. crazy
market now
The rest of the major currencies saw strong gains, with Ethereum rising 5% to levels above $2.5 thousand, with a market value of $302 billion.
While Binance Coin was up around 11%, reaching levels of $387, Cardano was up 14%, reaching levels of $1.15, with a market value of $39 billion.
Ripple was up 8%, reaching levels of $0.62, while popular meme DogeCoin jumped around 11%, reaching levels of $0.1419.
Polka Dawn jumped more than 10% to hit highs of $19, while Avalanche rose around 18% to hit highs of $66.
Polygon MATIC/USD 11%, ATOM/USD Cosmos 18%, Crypto.com CRO/USD 9%, China Link LINK/USD 11%, Litecoin LTC/USD 8% and NEAR/USD 15%.
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| Urgent Sheba and Luna explode. Bitcoin surpasses 36,000 |
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