Crypto Market Reclaims $227B In 38 Hours After $230 Million Leverage Flush

• Total crypto market cap bounced from about $3.26T to $3.49T in under two days, adding roughly $227B after an early-week sell-off.
• More than $230M in leveraged positions were liquidated in 24 hours, led by Ethereum at $90.66M and Bitcoin at $63.99M, showing longs got cleared.
• The rebound stalled below the $3.45T to $3.49T zone, so analysts say this was a liquidity reset that now needs fresh catalysts.

The crypto market posted a sharp recovery this week, with total capitalization jumping from around $3.26 trillion to $3.49 trillion in roughly 38 hours, according to TradingView data shared by analyst Ash Crypto.

Related: From Pullback to Comeback: Altcoin Season Hype Builds as Market Recovers 

The swing restored about $227 billion that had been wiped out in the earlier correction and showed buyers were ready to step back in once the selling pressure eased. The cha…

Read The Full Article Crypto Market Reclaims $227B In 38 Hours After $230 Million Leverage Flush On Coin Edition.