The market has posted slight gains coming after losses at the start of the week with several crypto assets showing strength. After the market capitalization slumped below the $2.5 trillion mark, it has ticked upwards to $2.49 trillion, a 1.43% increase in the last 24 hours. This is a narrow rise when compared with individual assets but it goes to show that assets can retest lost resistance levels.
At press time, all the top 20 crypto assets flipped green over the past day although still at wider weekly losses due to sharp outflows recorded yesterday. Market leader Bitcoin (BTC) is up 0.85% in the last 24 hours to shake off some losses. The asset remains down 6.12% this week leaving it at a mere 1.36% gain last month.
Crypto Assets Posts Slight Gains
Bitcoin trades at $65,931 with liquidations taking the asset’s price down from $70,000 last week. These sharp outflows came as bulls projected higher gains for the asset. Despite the slight increase in BTC price, its volume stands at $41
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