Market Watch: Bitcoin Maintains $38K, Polkadot Pushed Dogecoin Out of the Top 10 Cryptocurrencies

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Bitcoin has remained above $38,000, while Polkadot has replaced Dogecoin as the 10th largest digital asset by market cap.

After yesterday’s enhanced volatility again, where bitcoin tapped a ten-day high above $39,000, the asset has calmed just below that level. Most alternative coins are untypically stable on a daily scale, with ETH standing beneath $2,800 and Polkadot reclaiming $20.The past several days were quite volatile for the leading digital asset, starting from a near $2,000 drop on January 31st that drove it from above $38,000 to a multi-day low at just over $36,500.

However, bitcoin failed to sustain that level and has retraced to around $38,500 as of writing these lines. As such, BTC’s market cap has remained well above $700 billion.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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