#MarketRebound The green color dominates the market. Has the real recovery begun, or is it just a temporary recovery?
Today there was a recovery in the market, and we saw strong increases in the prices of some currencies, and people started asking questions.
Is the market really recovering?
Despite the increases that have occurred in some currencies, the market as a whole is still not stable, and significant fluctuations are still taking place.
Performance of some famous currencies
Bitcoin $BTC The price of Bitcoin reached $94,410, but fell slightly by 1.08% compared to the previous close.
Ethereum ETH Ethereum achieved a strong increase of 2.88%, which brought it to $3,402.87.
Binance Coin (BNB) Binance Coin also experienced a huge increase of 4.01%, and its price reached $692.01.
Explanations
Despite the recent increases, Bitcoin lost about 7% during the week ending December 23, 2024.
This means that the market still has significant fluctuations.
As for Ethereum and Binance Coin, both witnessed clear increases in prices, and this reflects the great disparity in the performance of the currencies within the market.
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