Cryptocurrencies are in a sea of green on Monday, erasing all of their losses recorded during the Sunday crash.
Bitcoin (BTC) soared to an intraday high of $38,800 on the Bitstamp exchange earlier today.
All major altcoins have also posted double-digit gains. Binance Coin (BNB) is leading the relief rally with a 31 percent spike.
Advertisement
Advertisement
Mon, 05/24/2021 - 13:56
Billionaire Ray Dalio Reveals He's Bitcoin Holder
The total cryptocurrency market cap added $208 billion earlier today. However, it is still down over $1 trillion from its May 12 peak of $2.58 trillion following a brutal rout.
Ethereum Most Important Macro Trade for Next Decade: Tom Lee
Satoshi Nakamoto's Iconic Statement Rings Through Decades, Community Still Stunned
Coinbase to Introduce New XRP and SOL Products
Shiba Inu (SHIB): Moon or Doom Price Moment, Will Solana's (SOL) Golden Cross Help? Bitcoin (BTC) Price Explosion Coming
Dan Burgin
Vladislav Sopov
U.Today Editorial Team