The rebound lifted Bitcoin 2.41% over 24 hours and to 16th place globally after SK Hynix lost $160 billion in market value in a single day.
Bitcoin regained a market capitalization above $1.2 trillion after a modest rebound, rising 2.41% over the past 24 hours and moving to 16th place in the global asset ranking. The recovery put it ahead of Samsung, Micron and SK Hynix by market value. The move came as SK Hynix shed $160 billion in market value in a single day, leaving its total market capitalization below $1 trillion, Odaily reported, while the ranking data was cited from 8MarketCap.