Bitcoin Recovers, Altcoins Explode

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The total crypto market cap has recovered over $60 billion since the recent low.

Bitcoin’s gradual price recovery that started on Sunday continued in the following hours, as the asset now trades well above $114,000.

Many altcoins have posted even more impressive gains, such as HASH, ENA, and XLM – all of which are up by double digits.

BTC Aims at $115K
Bitcoin began the previous business week inside a familiar trading range between $117,000 and $119,000. It went through some volatility on Wednesday evening after the US Federal Reserve concluded its latest FOMC meeting for the year and said it won’t change the key interest rates.

The actual fluctuations, though, transpired in the following days. BTC had rebounded to $119,000 on Thursday morning, but propelled by Trump’s latest tariffs and subsequent nuclear submarine movement in response to Russian actions, the asset started to nosedive.


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