earlier today, January 2023 is en route to becoming the asset’s best-performing month in over a year. This is because BTC stood below $17,000 at the start of the year and has skyrocketed by roughly 40% in the following 31 days.
It was even higher yesterday when the bulls initiated another impressive leg-up that resulted in coming inches away from $24,000. This became BTC’sHowever, the bears were quick to remind of their presence and pushed bitcoin south almost immediately. In the following hours, the cryptocurrency fell to $23,000 and kept plunging to an intraday low of $22,400 .This is all you need not to miss any price action in the raging crypto markets.
Ripple, Cardano, Polygon, OKB, Solana, Polkadot, and Avalanche are also slightly in the red from the larger-cap alts. Binance Coin, Shiba Inu, and Litecoin are among the few exceptions with insignificant gains. Dogecoin, however, stands out as today’s top performer. DOGE is up by 8% as Elon MuskThe cumulative market cap of all crypto assets, though, has seen over $15 billion gone in a day and is down to $1.040 trillion on CMC.
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