Bitcoin faced some volatility yesterday, which included a $600 pump and dump, but overall has calmed below $26,000 once again.
The alternative coins are also displaying untypical stability, with little to no movements from the likes of ETH, BNB, XRP, ADA, and others.The primary cryptocurrency went through a volatile rollercoaster over a week ago when it skyrocketed by more than two grand in hours following Grayscale’s win over the SEC. However, it lost all momentum within the next few days andIt managed to recover some of the losses and came inches away from $26,000 by the time the weekend had arrived.
As of now, the asset remains stuck at around $25,700, with its market cap sitting uncertainly at just over $500 billion and its dominance over the alts at 48.2%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:According to data from Glassnode, though, the number of BTC addresses in loss has started to climb again and has registered a 7-month peak.
The most notable gainer from the top 20 alts is TONCOIN. TON is back on the offensive again with a 5% surge that has pushed it beyond $1.8. Further jumps come from ASTR, RUNE, and KAS. Nevertheless, the cumulative market cap of all crypto assets has remained relatively still at under $1.050 trillion on CMC.
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Source: Crypto_Potato - 🏆 568. / 51 Read more »
Source: Crypto_Potato - 🏆 568. / 51 Read more »