Bitcoin, the world’s largest cryptocurrency, and the vast majority of altcoins experienced a long-awaited rally today.
The cryptocurrency markets experienced a sharp recovery today.
A total of $525.69 million in positions were liquidated in the last 24 hours, with $472.73 million of that amount consisting of short positions.
Bitcoin surged 7.22% to $69,164, reaching a market capitalization of $1.38 trillion.
Ethereum rose 11.63% to $2,072.
Solana increased 13.55% to $88.88.
Cardano rose 14.11% to $0.2983.
Dogecoin gained 12.58% to $0.1036.
XRP and BNB are also poised to close the day with significant gains.
Nvidia’s financial results, seen as a key barometer of AI-related transactions, are expected to influence risk appetite in both the stock and crypto markets.
The recovery gained momentum following US President Donald Trump’s relatively calm State of the Union address.














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