Bitcoin broke the $24,000 mark
They say nothing is impossible in the crypto market, and according to the recent price action of Bitcoin (BTC), that phrase may not be false, as the top crypto has just risen above $24,000 despite the ongoing US bank crash saga.
Over the past 24 hours, Bitcoin prices have rallied in recovery after last week’s significant drop in the wake of Silvergate. At the time of writing, BTC is currently trading above $24,000 with a trading price of $24,331.
Altcoins are also showing gains
At the same time, Bitcoin is not the only crypto in the market that is not affected by the US bank crash. Other altcoins, including Ethereum (ETH), Binance Coin (BNB), Cardano (ADA), and Polygon (MATIC) also posted double-digit gains over the past 24 hours, with ADA the top gainer at 15.6%. who after the rise of Bitcoin. 17%. Close behind with double-digit gains are ETH and BNB. ETH and BNB have also seen significant gains over the past 24 hours, with the two assets up 16.5% and 14.4% respectively.
At the time of writing, ETH is currently trading at $1,689, which will soon cross the $1,700 mark. On the other hand, BNB has already crossed the $300 mark and is currently trading at $313.
Ripple is the lowest gainer among the biggest cryptocurrencies
Notably, among the largest cryptos by market cap, Ripple (XRP) is the lowest gainer in the last 24 hours with just 7.2% at a trading price of $0.38.