Bitcoin Recovers After Dipping Below $18K, Solana Leads Altcoin Relief Rally: This Week’s Crypto Recap
After a few weeks of extended suffering and depressed price action, it appears that cryptocurrencies are finally seeing some relief. The total market capitalization expanded to slightly below $1 trillion and is pushing to recover above this psychological level at the time of this writing. However, this happened following massive volatility and considerable declines.
Fortunately, buyers stepped in and managed to intercept any further declines. Since then, the price was able to recover and increased by almost 20%. Even though this might seem impressive, Bitcoin’s recovery was dwarfed by that of many leading altcoins, the best-performing of which seems to be SOL.
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