RATE Group | Total Cryptocurrency Market Cap Adds $20 Billion In Less Than 24 Hours
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Total Cryptocurrency Market Cap Adds $20 Billion In Less Than 24 Hours

29 Apr Total Cryptocurrency Market Cap Adds $20 Billion In Less Than 24 Hours

Posted at 23:40h in Cryptocurrency News by

Bitcoin and the rest of the cryptocurrency space is currently a sea of green after today’s rally added over $20 billion in market cap to the total cryptocurrency market.

In less than 24 hours, the total market cap across all cryptocurrencies combined, grew by over 10% thanks to a massive surge from Bitcoin and continued growth in a variety of altcoins.

Bitcoin Pre-Halving Rally Brings Over $20 Billion Back to Crypto Market

The hype surrounding Bitcoin’s upcoming halving in just two weeks may have pre-emptively sparked a new bull market, as the latest rally has added over $20 billion and counting to the overall total cryptocurrency market cap.

Bitcoin has been on a strong, upward trajectory after bouncing from the lows around $4,000 last month. The Black Thursday crash send Bitcoin tumbling and crushed the hopes for a pre-halving rally.

Related Reading | Bitcoin Price Sets Longest Stretch of Positive Weekly Growth Since May 2017 

Over the last seven weeks, however, Bitcoin has been…

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