Weekend Watch: Bitcoin Maintains $42K, Monero at 3-Month High After 8% Spike

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Weekend Watch: Bitcoin Maintains $42K, Monero at 3-Month High After 8% Spike
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Bitcoin and most altcoins have marked minor gains in a day after yesterday's bloodbath, XMR has surged the most.

The altcoins suffered just as badly as bitcoin yesterday, but most have calmed today with minor gains. Ethereum dropped by $300 in days to $3,200 but has remained above that line following a slight increase.

Binance Coin, Ripple, Solana, Terra, Cardano, and Polkadot are also slightly in the green. Dogecoin and Shiba Inu – the two largest memecoins by market cap – have jumped by more than 3% in a day to $0.15 and $0.000025, respectively.Monero has stolen the show from the mid-cap altcoins with an 8% increase. As a result, XMR jumped to its highest price line since early January at $240.

The crypto market cap, down by $200 billion in less than a week, is still below the $2 trillion level.

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