Crypto Market Rebounds: BTC, ETH, SOL, JUP, and PEPE Surge
Bitcoin (BTC) and Ether (ETH) have rebounded from price levels of $49,000 and $2,111, respectively. BTC is up 4.85% in the past 24 hours, while ETH has gained 8.71%. SOL, JUP, and PEPE have surged by 19.96%, 12.48%, and 16.43%, respectively.
After a weekend price correction that saw BTC and ETH drop significantly, the crypto market turned bullish on Tuesday. As BTC hit a low of $49,000 and ETH fell to $2,111, the market rebounded.
CoinMarketCap data shows that Bitcoin has risen by 4.85% and ETH by 8.71% over the past 24 hours. At the time of writing, BTC trades at $55,344 and ETH at $2,490, with a significant increase in buying volume. The market capitalization of the digital asset space has risen by 5.41% over the past 24 hours, approaching the $2 trillion mark.
Altcoins Solana (SOL), Pepe (PEPE), and Jupiter (JUP) have also experienced a bullish trend. SOL has jumped by 19.96% to $140, holding the position of the fifth-largest digital asset. Since August 2023, SOL has seen a remarkable rise of 512.66%.