The bitcoin price correction which lasted a few days has stopped sudden while the cryptocurrency arises more than four large -ïs from the bottom in less than 12 hours.
Many altcoins have also become green, which could be attributed to positive developments on the trade front of the United States-China.
BTC Rockets at $ 97,000
BTC experienced a strong early May, because its price went from $ 93,500 on April 30 to more than $ 97,000 the next day. The Bulls maintained the pressure and the assets increased to $ 98,000 on Friday, its highest price in more than two months.
While many planned a race for $ 100,000, the BTC prices trajectory overturned and it started losing ground in the following days. On Monday and Tuesday, the main digital asset had lost almost five large and slipped to $ 93,500.
It was at this point that the reports emerged that the two main economic powers, China and the United States, plan to meet soon in Switzerland concerning the prices set by the two nations. Trade War News has had an impact on the cryptography market in recent months, and this time has not been an exception.
Bitcoin reacted with an immediate price wave that led him to the hollow aforementioned to more than $ 97,600 in a few hours. Although it has lost a certain traction and is now about $ 97,000, it is still 3% during the day.
Its market capitalization approached 1.930 dollars on CG, while its domination over the alts is greater than 62%.
LTC rebounds-off
Following news according to which the SEC had delayed the making of a decision on an ETF application of the LTC, the underlying asset plunged hard yesterday by more than 8%. However, its 24-hour table now shows an increase of 13% which increased its price beyond $ 92.
The media threshing follows suit in terms of daily gains, after exceeding $ 21 after an increase of 6%. CRO, AAVE, SUI, LINK, DOGE, ADA, BCH and HBAR are also good in green.
The total market capitalization of cryptography has added more than $ 70 billion from yesterday to yesterday and exceeds 3.1 billions of dollars on CG now.
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