Bitcoin recovers while Bitcoin Gold rockets after crash – crypto movers and shakers
Posted on June 9, 2021 by Jonathan Symcox
Bitcoin recovered some of its lost ground in the last 24 hours following a crypto crash.
After former US President Donald Trump labelled Bitcoin a “scam” and said he doesn’t like it “because it’s another currency competing against the dollar”, the markets saw a massive sell-off from Sunday into Monday morning.
After Bitcoin (BTC) tumbled 9% in that period – mirroring many of the other majors – it regained 2% from Monday morning to Tuesday, almost reaching $33,500.
It remains around half of its record value, set just a few weeks ago, while the recent falls took the overall market cap of cryptocurrencies below $1.5 trillion for the first time since May.
Ethereum (ETH), which set a record price of $4,300 just last month, is at $2,476 after a slight fall.
Ripple’s XRP coin, which hit $1.91 recently, climbed slightly to 86 cents.
Dogecoin (DOGE), the coin created as a crypto parody and based on a meme, is at 32c after a slight dip.
Bitcoin Gold (BTG) leapt 34% to $66, and is 13% up over seven days while Theta Fuel (TFUEL), which bucked the trend during the bloodbath with an 11% rise, added 27% in the last 24 hours. It is up 80% in a week.
To see how the valuations of the biggest movers and shakers – and main coins – have changed over the last few days, click here.
For up-to-the-minute valuations of the top 100 coins by market cap, and the one-hour price change, see below.
To see the Crypto Rich List, the world’s richest people in cryptocurrency, scroll down to the bottom of the page.