Bitcoin Cash Jumps 8% Daily, Bitcoin Challenges $31K Again (Market Watch)

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This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Nevertheless, the bulls seem to be back in charge now as they stopped bitcoin’s freefall and initiated another leg-up that has helped it touch $31,000 as of now. As such, the asset’s market cap has reclaimed $600 billion once again, and its dominance over the alts has taken a breather and is close to 50%.While BTC is trying its hand at taking down $31,000, several of the larger-cap alts are sitting quietly, mostly in the red. These include Ethereum, Binance Coin, Ripple, Cardano, Dogecoin, Litecoin, Polkadot, Polygon, and Shiba Inu, as all of them are down by up to 2% in a day.

Solana, on the other hand, has jumped by 3% and has neared $20. Bitcoin Cash has soared by 8% and sits close to $300. Recall that BCHeCash has also been on a roll lately, having surged 18% in a day and over 60% in the past week. In total, the crypto market cap has added just over $10 billion in a day and has gone back above $1.210 trillion on CMC.

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