Crypto Crash News Update (May 30): The global crypto market cap recovered after witnessing another round of crash in the last few days. At the time of writing, crypto market cap was $1.25 trillion, 4.43% more over the last day, data on CoinMarketCap shows.
Following a massive crash and extreme fear sentiments, crypto market has been struggling to move up for the last several weeks, stuck in the $1.20-$1.31 trillion range with experts saying recovery may be longer this time.
Meanwhile, Bitcoin (BTC) price has once again reached above $30,000, rising 4.27 per cent in the last 24 hours.
The total cryptocurrency market volume over the last 24 hours increased by 4.74 percent to $53.47 billion. The total volume in DeFi was $5.55 billion, which is 10.37% of the total crypto market 24-hour volume. Stable coins volume was $45.25 billion, which is 84.62% of the total crypto market 24-hour volume.
Bitcoin’s dominance as top crypto asset is currently at 45.25%. Overall Bitcoin price has...
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