BTC Flatlines Above $26K, MKR Explodes 9% Weekly (Market Watch)

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MKR continues with its upswings by charting another 5% surge today.

Bitcoin’s underwhelming price performance continues as the asset has failed to move decisively within the past 24 hours.

Most altcoins are also untypically stable on a daily scale. SOL, TON, and MATIC have lost the most value.The primary cryptocurrency has produced little-to-no volatility in the past several days, ever since it dumped from over $27,000 to $26,400 after the US Federal Reserve’s last FOMC meeting last Thursday.

The following days were quite dull, especially the weekend, which saw BTC trading sideways at around $26,600. Bitcoin finally went on the offensive on Sunday evening but was quickly stopped and pushed back down to $26,000 within hours.the move and drove the cryptocurrency north. Nevertheless, BTC failed to exceed $26,500 and has been just inches above $26,000 ever since.This is all you need not to miss any price action in the raging crypto markets.

More daily declines come from the likes of Toncoin, Polkadot, Polygon, Solana, Chainlink. and LEO. In some of those cases, the drops are up to 3%.MakerDAO’s native token is the top performer today as well. MKR is up by 6% over the past 24 hours and nearly 10% weekly. As a result, it trades well above $1,400.Cryptocurrency Market Overview. Source: Quantify Crypto

 

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