Bitcoin and APE Coin “turned around” to increase sharply today, helping the leading virtual currency series in terms of capitalization to increase, the market was filled with green color.
WITH A FEW TWITTER LINES, ELON MUSK MADE CRYPTOCURRENCY SKYROCKET
There have been many sources that believe that Elon Musk will buy Twitter — one of the most famous social networking platforms today for $ 43.4 billion. For a long time, Tesla’s CEO has always used Twitter to promote crypto assets such as Dogecoin, and Bitcoin,…
On the plus side, maybe Elon Musk’s takeover of Twitter will solve the spam problem. This means less theft and fraud in the crypto industry. As a result, the algorithm becomes open-source to build trust. This really means a lot to the cryptocurrency market!
Specifically, his tweet at 3:32 AM (GMT+7) accompanied his very excited reaction to an article that revealed a series of powerful people behind the case against Musk to force large corporations to boycott Twitter.
Thus, his claim has made the cryptocurrency market constantly active again after a period of preparation for hibernation.
THE MARKET OVERVIEW
Bitcoin and APE Coin “turned around” to increase sharply today, helping the leading virtual currency series in terms of capitalization to increase, the market was filled with green color.
BITCOIN
On the morning of May 5 (GMT+7), the price of Bitcoin on the CoinMarketCap floor reached more than 39,000 USD, up 4.65% compared to yesterday. In the past 24 hours, the world’s largest cryptocurrency traded as low as $37,885 and highest at $39,902.
Specifically, according to CoinMarketCap at 9 am today, Bitcoin trading volume reached about 37.4 billion USD, market capitalization at 754 billion USD.
APE COIN
The live ApeCoin price today is $16.33 USD with a 24-hour trading volume of $3,192,416,959 USD in real-time. ApeCoin is up 14.21% in the last 24 hours. The current CoinMarketCap ranking is #30, with a live market cap of $4,650,235,086 USD. It has a circulating supply of 284,843,750 APE coins and a max. supply of 1,000,000,000 APE coins. This price list is synchronized directly from the world’s largest CoinMarketCap cryptocurrency price list system.
Many large-cap cryptocurrencies surged along with Bitcoin and APE Coin. Specifically, Ethereum is up 5.5%, Binance Coin is up 5.1%, Ripple is up 7%, Solana is up 7.3%, Cardano is up 15.9%, Terra is up 4.4%, Avalanche is up 11.6%, Polkadot up 10.3%…
Thanks to this strong momentum, the cryptocurrency market capitalization increased by 5.39% to $1.8 trillion.
TO SUM UP
The significant spike in market capitalization has opened a new turning point for the crypto market. Perhaps investors or people in the Crypto community will no longer be afraid to buy and sell NFT on exchanges.
Remember The Dragon War’s NFTs launch is coming soon with more fascinating teasers ahead. Stay tuned and join one of our campaigns.
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