Cryptomarket Overall Value Rebounds by 6% as Bitcoin, SHIB and Other Altcoins Seek Relief from Bears

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Cryptomarket Overall Value Rebounds by 6% as Bitcoin, SHIB and Other Altcoins Seek Relief from Bears
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ICYMI: the entire cryptomarket stabilizes after a broad market correction, with Bitcoin, SHIB and other altcoins seeking relief from bears $BTC ShibaInu

data, the cryptocurrency market's total valuation is recovering by nearly 8.49% presently to stand at $1.65 trillion. Bitcoin's price rose to intraday highs of $36,814 at press time as the entire crypto market stabilized after a broad market correction downward in the past week.Nearly all the altcoins, especially the top 100, were trading in the green at press time with Avalanche , Shiba Inu , Cosmos , Fantom and other altcoins adding significant gains.

Bitcoin is currently trading at $36,319 and is up 8.11% in the past 24 hours, according to CoinMarketCap data. At the time of publication, Ethereum was 8.29%, trading at $2,416, while SHIB trades up 8.86% at $0.000021. On-chain analytics firm Santiment notes that buy calls have consequently increased since the beginning of the month.

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