Bitcoin Price Recovers From Sub-$59K Drop, UNI Spikes 20% Weekly
- Bitcoin price dropped sharply last night but has largely recovered and is now above $60,000. 🪙
- Most altcoins are up slightly on the day, with XRP up 2%, while BNB is down 2%.
- BTC dropped to a multi-week low of $58,800 last night, causing around $250 million in liquidations on the day. However, BTC has recovered nearly $2,000 and is now trading around $60,700.
- Major altcoins such as ETH, SOL, XRP, TON, DOGE, ADA, and AVAX are all up slightly over the past 24 hours, while BNB, TRX, and SHIB are down slightly.
- UNI and IMX are the top altcoins today, with UNI up 20% over the past week. 🚀
- The total cryptocurrency market capitalization has slightly decreased to $2.220 trillion.
Blockchain and cryptocurrencies continue to show volatility, but the potential for growth is still huge.