/Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts

Cryptocurrency Market Cap Clips $300 Billion as Bear Trap Liquidates Shorts



Fueled by a dramatic Bitcoin price rally, the cryptocurrency market cap surged by more than $30 billion, peaking at $301.8 billion before settling back down to a present value of $298 billion. This represents a single-day increase of 12 percent, one of the market’s largest intraday rallies since December.

Source: Cryptocurrency Market Cap Clips 0 Billion as Bear Trap Liquidates Shorts