After days and days of trading sideways without any movements upwards, bitcoin finally went on the offensive in the past 24 hours and came close to $27,000.
Nevertheless, the primary cryptocurrency has been outperformed by the likes of SOL, ADA, TON, MKR, and more.After last week’s massacre that brought bitcoin from about $29,000 to $25,300 within a single day, the asset started to show enhanced signs of stagnation. The next several days, including the typically less volatile weekend, were quite boring, with BTC standing at around $26,000.the losses almost immediately.
As such, it had calmed at around $26,000 before the bulls stepped on the gas pedal and pushed it north by $800. This resulted in a 6-day high of $26,800.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, BTC has lost some steam, but it’s still over 1% up on the day.
The landscape today seems more positive, with green dominating the charts. Ethereum is close to $1,700 after a 1.7% increase, BNB has tapped $220 following a 2.5% jump, while XRP has maintained $0.5 after a 1.5% pump. Cardano, Solana, and TONCOIN have performed even better, with gains of up to 4% in the case of SOL, which is now well above $20.The total crypto market cap has added over $10 billion daily and sits above $1.060 trillion now.