Stacks Marks 10-Month Highs Above $1, Bitcoin Eyes $24K Again: Market Watch

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Stacks keep climbing, with yet another double-digit surge that drove it to above $1 for the first time since April last year.

Bitcoin’s rollercoaster of around $23,000 and $24,000 continues, as the asset bounced off the former to tap the latter once again in the past 24 hours.

Most altcoins have also turned green today, and, somewhat expectedly, as of late, STX has stolen the show.Last week saw BTC try its hand at taking down $25,000 a few times but to no avail. The asset’s inability to overcome that line pushed it south hard, especially after the US PCE data came out for January on Friday.in an 11-day low at under $22,800 during the weekend. However, bitcoin began to recover some ground at the start of the working week and pumped to $23,800 on Monday.

for the past few weeks. This trend was only solidified in the last 24 hours, as STX soared by another 16% and even exceeded $1 earlier today to register its highest price tag since the end of April 2022.The rest of the larger-cap alts are also in the green, albeit with more modest gains. Ethereum, Binance Coin, Ripple, OKB, Cardano, Dogecoin, Polygon, Solana, Polkadot, and Shiba Inu have all increased by up to 3% in a day.

The total crypto market cap has added $20 billion daily but still sits just under $1.1 trillion on CMC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

STX Soars Another 23% as Rally Continues, BTC Bounces Off $23K (Market Watch)Stacks continues to be the best performer from the top 100 crypto assets.
Source: Crypto_Potato - 🏆 568. / 51 Read more »