In the past 24 hours, the crypto market has generally risen. Driven by US retail investors, Dogecoin led the gains by over 200%, and Bitcoin, the top cryptocurrency by market cap, rebounded slightly.
Over the past 24 hours, the crypto market has continued to decline. Bitcoin fell below the $32,000 support level, Ethereum fell $1,300. However, DeFi tokens Onix and Uniswap led the rise.
Jan. 20 saw BlackRock - the world's largest asset management firm which manages more than $8.7 trillion in assets - seemed to have approved its two related funds, that is, BlackRock Global Allocation Fund Inc. and BlackRock funds to invest in Bitcoin futures.
Jan. 21 saw the overall cryptocurrency market experienced a significant recession. Bitcoin fell to $28,880, and Ethereum dropped to $1,081 after recording a new high.
In the past 24 hours, the crypto market has continued to recover. Altcoins took the lead in the gains, and Bitcoin rebounded weakly, but failed to hold the $33,000 mark.
In the past 24 hours, the crypto market has risen slightly. Bitcoin has fluctuated around $32,000, and Ethereum has risen 11.21% with the highest price reaching $1377.35. DeFi tokens Aave and Uniswap both rose more than 20%.