Bitcoin dipped hard in the past 24 hours, charting a two-week low of under $22,500.
Most altcoins are also slightly in the red, aside from apparent exceptions coming from Ethereum liquid staking assets like LDO, RPL, and FXS.The latest price frenzy comes just hours after the CEO of Coinbase – Brian Armstrong –concerns regarding a potential clampdown from US authorities on staking. Several reps of the ETH liquid staking niche popped up with massive price increases, including LDO, which is up by almost 10%.
RPL and FXS have jumped by similar percentages as well. At the same time, ETH is down by over 2% in the same timeframe to under $1,650. Most other larger-cap alts are in the red as well, including Binance Coin, Ripple, Cardano, Dogecoin, Solana, Polkadot, Litecoin, and Avalanche. Shiba Inu and OKB have lost over 5% in a day.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Polygon is the only exception from the top 10 crypto assets, with a 3% daily increase. Chainlink is also well in the green – 5.5% surge.Cryptocurrency Market Overview.
It has recovered some ground since then, but still stands beneath $23,000. As such, its market cap is just under $440 billion and its dominance over the alts is at 41.3%.
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