Bitcoin Eyes $25K Again While Stacks Soars 50% on Ordinals Hype (Market Watch)

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The hype around the Bitcoin-based NFTs has pushed Stacks a lot higher recently.

In a late Sunday dip, bitcoin dropped below $24,000 but managed to recover most losses and currently sits over $24,500 once more.

However, the volatility was not yet over, as the asset fell to $23,400 hours later. It began to recover value shortly after, spiking to $25,000 once again. This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Just the opposite, they pushed BTC south to $23,850 on Sunday evening. Nevertheless, BTC bounced off from that line and now sits close to $25,000.

Solana has stolen the show from the larger-cap alts, registering a massive 12% increase that has pushed it beyond $26. Shiba Inu, Tron, Avalanche, and Uniswap have all increased by up to 5% in a day.

 

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