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[Market Update] Bitcoin Recovers to $97,000; Most Major Altcoins Decline Over the Day

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Suehyeon Lee

Summary

  • Bitcoin (BTC) has recovered to the $97,000 mark, drawing attention from investors.
  • Most major altcoins are showing a downward trend, requiring caution from investors.
  • In particular, Ethereum (ETH) fell by 7.3% and Ripple (XRP) by 11.31%, indicating the need for cautious responses considering market volatility.

Bitcoin (BTC), which had plummeted in price over the day, has recovered to the $97,000 mark.

As of 6:25 AM on the 10th, according to CoinMarketCap, Bitcoin is trading at $97,077.12, down 2.88% from the previous day. On the Upbit KRW market, it is trading at 138,807,000 KRW, down 1.56% from the previous day.

Meanwhile, major altcoins including Ethereum (ETH) have mostly been on a downward trend over the past 24 hours. Ethereum is recorded at $3,695.97 on CoinMarketCap, down 7.3% from the previous day, and Ripple (XRP) is trading at $2.28, down 11.31% from the previous day. Additionally, Solana (SOL) is trading at $219.72, down 6.59% from the previous day, and Binance Coin (BNB) is also trading at $685.22, down 7.43% from the previous day.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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