May 25, 2022

Copy-paste | Bitcoin is back above $30,000

On Friday, May 13, the quotes of the first cryptocurrency recovered to above $30,000 after a sharp fall. Behind the last day the asset has risen in price by 12%, according to CoinGecko.

At the time of writing, Bitcoin is trading around $30,400. The total market capitalization is $1.37 trillion.

Ethereum added 13%, surpassing the $2,000 level. Cardano (40.3%) and BNB (31.8%) showed the largest growth of the top 10 crypto assets by capitalization.

On May 12, Bitcoin quotes fell below $27,000, and the price of Ethereum tested the $1,800 level. Market capitalization fell to $1.2 trillion1

The fall occurred against the backdrop of the collapse of the Terra (LUNA) rate. At the time of writing, the price of the asset has reached $0.00003, it ranks 1072 in the cryptocurrency rating (CoinGecko).