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Crypto Market Soars Past $2.16T as Ethereum Dominance Hints at Altseason

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By on September 20, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Market Soars Past $2.16T as Ethereum Dominance Hints at Altseason appeared first on Coinpedia Fintech News

With a bullish recovery in the crypto market, the total valuation reaches $2.16T. This has increased by 8.99% in 4 consecutive bullish days to surpass the 200-day EMA at $2.104T. As the market bounces back, Bitcoin hits a 24-hour high of $64,121. Further, Ethereum has surpassed the $2,500 barrier with an intraday gain of 2.96%. As the rally gains momentum, the ETH/BTC chart reveals a surge of 3.86% in 2 days and teases a potential altseason coming sooner than anticipated. Despite ETH/BTC’s recent crash to 0.03833 BTC, the bounce back puts the bulls back in the driver’s seat and teases a bullish October season.

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