Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko.
At press time, Bitcoin is trading at around $53,250, up 6.2% on the day—although still down 5.4% over the week. Ethereum (ETH), the second-largest cryptocurrency by its market capitalization, fares similarly well, trading at $2,476 (+5.7% on the day).
The crypto market is growing again. Image: CoinGecko
To top digital assets such as Binance Coin (BNB), Ripple’s XRP, Cardano (ADA), Polkadot (DOT), Uniswap (UNI), and Litecoin (LTC) are also in the green zone, although some of them still haven’t fully recovered on the 7-day graph.
As CryptoSlate reported, massive sell-offs shook the stocks, commodities, and crypto markets last week following rumors about potential tax law amendments in the U.S. Notably, sources close to the Biden administration reported on Thursday
Źródło: https://cryptoslate.com/crypto-market-returns-into-green-zone-after-last-weeks-dip/
