Bitcoin (BTC), the paramount cryptocurrency, experienced a resurgence last night, registering a value enhancement exceeding 2% within the last 24 hours, initiating trades at $29,200. The cryptocurrency market has witnessed a revival, primarily attributable to BTC’s value appreciation. Conflux (CFX), propelled by the bullish momentum in the market, attained $0.33 following recent escalations.
Cryptocurrency Market Experiencing an Upswing
With the value augmentations recorded since last night, Bitcoin (BTC) commenced trading at the $29,200 price echelon. The cryptocurrency market’s resurgence, spurred by BTC’s value appreciation, has enabled most altcoins to accelerate their value growth throughout the day. Conflux (CFX), exhibiting robust upward impetus, recorded a near 10% value increase within the last 24 hours.
Ethereum (ETH) initiated trades at approximately $1,900 following recent ascensions, while the total market capitalization of the crypto industry reached $1.19 trillion, as per CoinMarketCap (CMC) data. Furthermore, according to Coinglass information, an average of $100 million worth of short and long positions were liquidated within the last 24 hours.
Value Augmentation Approaching 10%
As the leading cryptocurrency Bitcoin surpassed $29,000 once again, the majority of altcoins in the market commenced their upward trajectory. Conflux (CFX), gaining popularity as an altcoin due to its recent price fluctuations, demonstrated potent upward momentum throughout the day. Within the last 24 hours, Conflux (CFX) registered a value enhancement nearing 10%, initiating trades at $0.33.
Moreover, subsequent to recent escalations, Conflux (CFX) ranked among the top 100 cryptocurrencies with the highest market capitalization according to CMC data, featuring in the list of cryptocurrencies that recorded the most substantial value appreciation rates within the last 24 hours.
