PI token is the only double price increaser among the top 100 alts today.
Bitcoin’s price recovery over the past 24 hours has been impressive, as the asset reached its highest levels in a month at $74,000, where it faced some resistance.
Most altcoins are also in the green today, with ETH retracing the $2,000 and $2,100 lines, while SOL is up to $90.
BTC reached $74,000
It was just a few days ago, on Saturday, that the original cryptocurrency dropped from $66,000 to $63,000 after the US and Israel joined forces to attack Iran. Although the Middle Eastern country immediately reacted against multiple targets in the region and its Supreme Leader was killed, BTC did not continue its free fall – on the contrary, it rose to $68,000 on the same day.
The following two days saw more volatility, with BTC falling to $65,200, while it rallied 5% to $70,000 on the hour. There it was denied first, as happened in last week’s attempt, but this time the bulls were not to be denied.
After they rallied on Monday and Tuesday, they started a significant leg yesterday that took bitcoin to its highest level since early February at $74,000. This meant that the cryptocurrency had added $11,000 since the attacks began on Saturday.
Although it stopped there and is now trading around $72,000, it is still up 3% on the day. Its market capitalization in CG has grown to about $1.450 trillion, while its dominance over alts is high at 57.4%.
ETH Over $2.1K, PI per roll
Ethereum bounced back from $2,000 to $2,200, where it stopped, but is now trading above $2,100 after a 4% daily gain. SOL returns to $90, while DOGE is up 5% to $0.095. XRP, BNB, TRX, ADA and LINK are also slightly in the green, while XMR is up about 5% to $362.
The original Pi Network token stole the show once again. Perhaps with the general revival of the market and some important network updates behind it, the PI token has increased by 13% daily and is now above $0.195. SKY, JUP and DCR follow in terms of daily gains.
The total crypto market capitalization added another $60 billion in one day and is now over $2.5 trillion in CG.
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