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10 May Crypto Market Surges Over $200 Billion As Bitcoin, Ethereum, Ripple’s XRP And Litecoin Soar—Here’s Why
Bitcoin and other major cryptocurrencies are soaring—pushing the combined value of the crypto market back over $200 billion.
Bitcoin, along with top ten tokens ethereum, Ripple’s XRP, litecoin and bitcoin cash have all climbed between 6% and 12% over the last 24-hour trading period, adding over $10 billion to the crypto market.
The bitcoin price has this week rallied back above $7,000 per bitcoin—approaching levels not seen since the coronavirus pandemic sent global markets into meltdown last month.
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The bitcoin price has staged a strong recovery since its heavy sell-off last month as global markets … [+]
Bitcoin’s rally comes after social media giant Facebook revealed its embattled libra cryptocurrency project will move forward…