at first, but the landscape changed in the following hours. The asset first dipped below $23,000 before it shot up to $24,350 . This became its highest price tag since mid-August 2022.
Bitcoin has lost some value since that local peak but still trades well in the green on a daily scale. As such, its market cap has touched $460 billion, and its dominance over the alts sits tight at 42.2%.The alternative coins also sat quiet yesterday ahead of the FOMC announcement, but most have gone on a roll now.
Ethereum leads the charge. The second-largest crypto touched $1,700 earlier, and even though it currently stands beneath that line, it’s still over 6% up on the day. Binance Coin has tapped $330. Similar gains are evident from Cardano, OKB, Solana, Polkadot, Uniswap, Litecoin, and Shiba Inu. Polygon and Avalanche are the two with the most price increases in a day – 14% and 15%, respectively. As a result, MATIC trades at $1.22, while AVAX is just inches away from $22.
The lower- and mid-cap alts are with similar gains as well. As such, it’s no wonder that the total crypto market cap has added over $30 billion daily and is close to $1.1 trillion.
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