After slipping to $26,600 on Bitcoin pizza day, the cryptocurrency reversed its trajectory and shot up by almost a grand.
The altcoins are also slightly in the green, with ETH, MATIC, SHIB, TRX, and AVAX jumping by around 3% daily.The primary cryptocurrency has been stuck in a relatively tight range for the past week or so, which was also acknowledged by Glassnode yesterday. The analytics resource informed that BTC’s 7-day price range had declined to 3.4%, which has happened just a few times in the past three years.that there might be a lot more volatility coming soon.
Similar price jumps are evident from Polygon, Shiba Inu, Tron, and Avalanche from the larger-cap alts. BNB, ADA, DOGE, SOL, LTC, and DOT are also in the green, albeit in a more modest fashion. The most impressive price increases on a daily scale come from the likes of Conflux , KAVA , and Render Token .
Overall, the total crypto market cap has regained around $20 billion in a day and stands at $1.140 trillion.