The cryptocurrency market remained relatively calm throughout the weekend. Bitcoin maintained its price of over $90,000 and is now pushing higher once again. The total capitalization is expanding above $3.2 trillion on the back of gains of mid-cap cryptocurrencies.As mentioned above, Bitcoin’s price remained within a relatively narrow range on Saturday and Sunday, with one exception yesterday.
The bears attempted to push BTC below $89K, but the buyers were very quick to scoop up some coins at a discount, providing for a V-shaped recovery.At the time of this writing, BTC is trading at slightly less than $92,000 as the bulls are now testing this level. A clear breakout above it would make way for a challenge of the all-time high.This is all you need not to miss any price action in the raging crypto markets.
Others, on the other hand, are charting considerable gains. The past few days have all been about Ripple’s XRP, which exploded above $1 on Saturday and continues trading in the green, charting an increase of around 7.5% in the past 24 hours.More impressive than XRP’s performance throughout the past day, however, is that of Hedera , Mantra , and Stellar . These are up by 30%, 27%, and 22%, respectively.Disclaimer: Information found on CryptoPotato is those of writers quoted.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.