This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As of now, bitcoin trades at around $26,000 after a minor daily increase. Nevertheless, its market cap is still beneath $510 billion, while its dominance over the alts is stuck at 48.1% on CMC.Most alternative coins followed BTC on its way south, with massive price drops, which in some cases were with double-digits.
Ethereum, for example, went from over $1,850 to about $1,600 to mark a multi-month low of its own. Now, though, ETH sits just above $1,650. Most larger-cap alts are slightly in the green as well on a daily scale. This includes BNB, XRP, ADA, DOGE, SOL, and others. XRP, in fact, has managed to defend the $0.5 level.
While the rest of the market is in pain on a weekly scale, THORChain’s RUNE is up by over 30%, which makes it the best performer among the top 100 alts. An 11% surge in the past day has pushed it to $1.75. The total crypto market cap has recovered some of the weekly losses and sits at just over $1.050 trillion on CMC.
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