Volatility has increased over the past 24 hours in the cryptocurrency market, which has a total market capitalization of nearly $2.2 trillion, down 0.6% over the period. 💹

Bitcoin continues to struggle between buyers and sellers, and the price remains unstable. Today, BTC hit a low of around $54,300, but the bulls took control and pushed the price up to $57,000.

The volatility is also reflected in the total number of liquidations, which exceeded $300 million in the last 24 hours. 📉

Altcoins are also showing a rebound. ETH has recovered above $3,000 and is now heading towards $3.1K, up 1% in the last 24 hours. Other coins such as BNB, SOL, DOT, BCH, UNI, MATIC and SHIB were able to move the trading session into the green zone.

There are many developments expected in the coming days that could impact the performance of the broader cryptocurrency market. Be prepared for possible volatility.