the arrival of tens of billions of dollars of new capital; Calm returned to the crypto market!
Yesterday, reports surfaced that Binance could poteially pay its $4.3 billion fine without selling any crypto; Because this company has more than 6 billion dollars in assets. After that, Richard Teng, the new CEO of Binance, also stated that the foundation and fundameals of this company are very strong.
Now, data suggests that the crypto market has fully recovered from the minor setback caused by Binance-related news, with $70 billion re-eering the market in the past 24 hours.
The price of Bitcoin reached $37,410 with a 2.6% increase in the day, and Ethereum, with its daily growth of 3.9%, is currely trading in the range of $2,065.Other altcoins that have recorded significa gains in the past 24 hours include; Solana, UniSwap and FTX exchange token.
