Bitcoin Reclaims $47K: Crypto Market Cap Recovers $150B in Two Days (Market Watch)
Bitcoin’s price has recovered most recent losses and spiked above $47,000 to tap a weekly high. Most altcoins are also in the green, including a 5% increase from Binance Coin. As a result, the cryptocurrency market cap has added roughly $150 billion in two days.
Bitcoin Taps $47K
The past few days were highly volatile for the primary cryptocurrency. It all started after getting rejected at $46,500 on Monday, and the subsequent drop took it to $45,000 in minutes.
However, the situation intensified later on that day when news broke that the e-commerce giant Walmart had started to accept Litecoin payments for its products and services.
Bitcoin, and the rest of the market, exploded in value. BTC alone spiked from $44,600 to just shy of $47,000. However, the reports turned …
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