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Market News The Crypto Market is Quickly Finding Its Feet

The Crypto Market is Quickly Finding Its Feet

There are still questions about whether the market can stabilize over $30,000 for Bitcoin, $2100 for Ether, and $1.28 trillion for all cryptocurrencies.

Cory Russell

2023-04-19

9075

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The Wild Ride of Bitcoin: Dives, Rallies, and Market Uncertainty

After initially rising, Bitcoin has been correcting itself, returning below $29K early on Tuesday. It started purchasing at this level and has since surged to $29.6K before correcting lower and dropping below the $30,000 mark amid declining equities indexes and an increasing US currency.

Similarly, the overall market capitalization of cryptocurrencies is now 1.2% higher than today's low and 0.8% lower than 24 hours ago. It is possible that the day will continue to be favorable. There are still questions about whether the market can stabilize over $30,000 for Bitcoin, $2100 for Ether, and $1.28 trillion for all cryptocurrencies.