While bitcoin and most of the altcoins have calmed since yesterday’s gains, AVAX has gone on a tear with a double-digit surge.
Bitcoin aimed higher in the past 24 hours but was rejected at around $45,000. Most altcoins are also untypically stable as of now, with the apparent exception – Avalanche. AVAX has surged by double-digits and is close to $100.After being unable to break above $46,000 and continue its recovery last week, bitcoin headed south during the weekend and dipped below $42,000 on several occasions in a few days.
However, the bulls intercepted the move and reversed BTC’s trajectory after this $4,000 price decline. As reported recently, the cryptocurrencyThis resulted in adding $2,000 in a day yesterday, but the asset kept climbing in the following hours and neared $45,000. Despite getting rejected at that point, bitcoin has still remained above $44,000.
As such, its market capitalization is close to $850 billion after dipping below $800 billion just a few days ago.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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