{"id":13755,"date":"2021-11-15T14:46:50","date_gmt":"2021-11-15T13:46:50","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13755"},"modified":"2021-11-15T14:46:59","modified_gmt":"2021-11-15T13:46:59","slug":"crypto-market-recovers-in-a-day-as-bitcoin-bull-challenge","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-market-recovers-in-a-day-as-bitcoin-bull-challenge\/","title":{"rendered":"Crypto Market Recovers $100 Billion in a Day, As Bitcoin Bulls Challenge $66,000"},"content":{"rendered":"\n
The crypto market cap has increased by about $100 billion in a single day, as bitcoin has reached $66,000 and ETH has surpassed $4,700<\/h5>\n\n\n\n
\"Crypto
Crypto Market Recovers $100 Billion in a Day, As Bitcoin Bulls Challenge $66,000<\/figcaption><\/figure>\n\n\n\n

After a few days of negative price movements, Bitcoin<\/a> has finally gone on the attack and challenged $66,000. The majority of cryptocurrencies are also marginally higher, with Ethereum regaining $4,700 and SOL trading above $240.<\/p>\n\n\n\n

$66K in Bitcoin Eyes <\/h2>\n\n\n\n

The BTC picture has been bleak since last week's record of $69,000. The cryptocurrency was unable to maintain its upward trend and lost nearly $7,000 over the next few days. This culminated in a weekend slide to a weekly low of little over $62,000.<\/p>\n\n\n\n

On Sunday, Bitcoin \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>made a brief comeback, reaching $65,000, before the bears pulled it lower, this time to $63,500.<\/p>\n\n\n\n

This is when the scene changed once more, as the value of BTC began to rapidly increase. It increased by many thousand dollars in hours and even exceeded $66,000 where it is now.<\/p>\n\n\n\n

BTC's market valuation has climbed to $1.250 trillion, while its dominance among altcoins has remained unchanged at slightly over 43%.<\/p>\n\n\n\n

\"Crypto
Crypto Market Recovers $100 Billion in a Day, As Bitcoin Bulls Challenge $66,000. Source: TradingView<\/figcaption><\/figure>\n\n\n\n

CRO explodes by 25%, ETH Above $4.7K\u00a0<\/h2>\n\n\n\n

In recent days, other cryptocurrencies have also suffered, with Ethereum falling below $4,500. However, on a 24-hour timeframe, the second-largest cryptocurrency has gained more than 3% and is currently trading at $4,700.<\/p>\n\n\n\n

The rise in Solana is similar, with SOL presently trading above $240. Avalanche, Ripple, Binance Coin, Cardano, Shiba Inu, and Avalanche are all marginally higher.<\/p>\n\n\n\n

Litecoin has risen above $270 after gaining more than 9% in value in a single day. With a stunning 25% increase to $0.50, CRO has gained the most from the top 20 coins. Dogecoin, on the other hand, is down 2.4 percent, while Terra is unchanged.<\/p>\n\n\n\n

WAX (34 percent), Ankr (20 percent), TRON (13 percent), KuCoin Token (11 percent), VeChain (11 percent), and Telcoin (11 percent) also saw price increases (10 percent ).<\/p>\n\n\n\n

As a result, on CoinGecko, the cryptocurrency market capitalization has recovered about $100 billion in a day and has surpassed $3 trillion.<\/p>\n\n\n\n

\"Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

The crypto market cap has increased by about $100 billion in a single day, as bitcoin has reached $66,000 and ETH has surpassed $4,700 After a few days of negative price movements, Bitcoin has finally gone on the attack and challenged $66,000. The majority of cryptocurrencies are also marginally higher, with Ethereum regaining $4,700 and […]<\/p>\n","protected":false},"author":29,"featured_media":13759,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,83,76,26],"tags":[5432],"class_list":["post-13755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-bitcoin-news","category-bitcoin-price","category-cryptocurrencies","tag-market-crypto-eth-bitcoin-bull-cro"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/BTCUSD-15-1.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13755"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13755\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13759"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}