The price of Bitcoin has regained to $83k and it’s on the edge to surge past $84k while altcoins still struggle to recover from Monday’s drop.
On March 10, the crypto market witnessed a drastic downtrend alongside a huge sell-off in the U.S. stock market. During the trading session, Bitcoin price dipped to as low as $77k while it quickly recovered above $80k the next day.
At the time of writing, Bitcoin is trading near $83,400 with a 24 hour trading volume of $36.5 billion. It is now attempting to break above $84,000 as investors show renowned trust while altcoins continue downtrading.
Bitcoin (BTC) Price – Source: Coinmarketcap
ETH price, on the other hand, has failed to coincide with past few days’ gains of BTC and it is trying hard to hold the $1,900 level while selling pressure continues increasing. It is down over 17.5% in the past 7 days while declined over 55% since January highs.
Similarly, XRP and SOL have also marked monthly lows and are witnessing massive sell-off after breaking down below key support levels. As per market data, XRP is today trading near $2.26 and SOL is trading at $127 – both up nearly 3% in the past 24 hours.
Other notable price action today includes PEPE’s 16% while IP, S (Sonic), TIA, and XLM have pumped nearly 8%, meanwhile TAO, MOVE and HYPE have declined 3% in the past 24 hours.
Trending Crypto Today
- BCH (Bitcoin Cash)
- PPEP (Pepe)
- HYPE (Hyperliquid)
- KAITO (Kaito)
- LAYER (Solayer)
Top Daily Gainers
- ELF (Aelf): +34%
- LAYER (Solayer): +14%
- PEPE (Pepe): +14%
- IP (Story): +10%
- KAS (Kaspa): +7%
Top Daily Losers
- BNX (BinaryX): -17%
- AKT (Akash Network): -9%
- HYPE (Hyperliquid): -4%
- MOVE (Movement): -4%
- TAO (Bittensor): -3%
As per Coinmarketcap data , the global crypto market cap today sits at $2.7 trillion with a 24 hour trading volume of $96.03 billion.
