The past 24 hours have been volatile for the cryptocurrency market, with Bitcoin (BTC) touching $25,000 before falling back down by $500. Altcoins have also seen impressive gains, with OKB stealing the show and tapping a new all-time high beyond $50. Bitcoin had previously dipped to $21,500, but the bulls pushed it back up to just under $25,000. Although BTC was unable to overcome that level at first, it eventually did so, reaching its highest price tag since August 2022. The bears then drove BTC south, but it is back on the right track today, pumping beyond $25,000 once again.
OKB has been at the forefront of the cryptocurrency market, with its native token exceeding $50 a few days back to chart an all-time high. MATIC and Polkadot have also seen impressive gains, with both up by between 6-8%. Ethereum, Binance Coin, Cardano, Ripple, Shiba Inu, and Dogecoin have seen more modest gains, while Filecoin has been the top performer, soaring by another 14% and trading close to $7.5. The total crypto market cap has reclaimed $1.1 trillion after gaining $30 billion in a day.
