Cryptos:  11,045Exchanges:  390Market Cap:  $1,383,961,143,61724h Vol:  $77,339,268,772Dominance:  BTC: 45.9% ETH: 18.1%ETH Gas:  17 Gwei
Cryptos:  11,045Exchanges:  390Market Cap:  $1,383,961,143,61724h Vol:  $77,339,268,772Dominance:  BTC: 45.9% ETH: 18.1%ETH Gas:  17 Gwei

Bitcoin pumps $1,000, large-caps Cardano, Ethereum follow lead

HeadlinesNewsBitcoin pumps $1,000, large-caps Cardano, Ethereum follow lead

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Bitcoin pumps $1,000, large-caps Cardano, Ethereum follow lead

CryptoSlate3 days ago
Published on July 21, 2021 09:13 GMT+0edited on July 21, 2021 11:23 GMT+0

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Bitcoin pumped over $1,000 this morning to reclaim the $30,000 level, after briefly dipping under $29,500 last night. Larger altcoins mirrored that move and pumped by high single-digit percentages as of press time, data from multiple tools shows.

Bitcoin, Cardano, Solana pump

The world’s largest cryptocurrency was dragged down this week against a rout in the global equity market—one that pundits peg to the ever-increasing COVID cases and mutants, while critics peg to that of high inflation in the Western countries.

It was, however, met with rejection at the $31,000 price level, and still trades below the 34-period moving average, suggesting the bearish trend isn’t ending yet.

This morning’s sudden pump, however, brought some temporary green to the red mess. Ethereum logged a 6% increase …