Bitcoin Cash Explodes 33% to 14-Month High, Solana and Litecoin Soar 15% (Market Watch)

CryptoPotato
CryptoPotato

30 Jun 2023 8:42 AM

BCH skyrocketed to over $320 earlier today for the first time since April 2022....

  • Bitcoin Cash (BCH) surged by over 30% in the past 24 hours, reaching over $300 for the first time in over a year.
  • Other altcoins such as ADA, DOGE, DOT, SOL, and LTC have also experienced significant price increases.
  • The total crypto market cap has added over $30 billion in a day, nearing $1.2 trillion on CMC.
  • Bitcoin's price surged from $26,500 to over $30,000 10 days ago, but has remained relatively stagnant between $30,000 and $31,000 since then.
  • The rising altcoins have reduced some of Bitcoin's dominance over the market.
  • The increased market volatility has resulted in over $130 million worth of liquidations and many over-leveraged traders being wrecked.

The sentiment in the article is generally positive, highlighting the surges in Bitcoin Cash and other altcoins. However, it also mentions the stagnant price of Bitcoin and the negative impact of market volatility on over-leveraged traders.

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You May Ask

What altcoin experienced a significant surge in price, reaching over $300 for the first time in over a year?Which altcoins have also seen price increases in the past 24 hours?How much has the total crypto market cap increased in a day?What has been the price range of Bitcoin in the past few weeks?How much worth of liquidations has occurred due to market volatility?

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