Bitcoin Consolidation Continues, Solana Soars 10% to a 2-Month High (Market Watch)

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Bitcoin keeps trading at around $47,000, while Solana skyrocketed by double-digit percentages to its highest price tag since late January.

Bitcoin continues with its rather calm performance in the past few days and stands above $47,000. While most altcoins are also stagnant, others, such as Solana and Avalanche, have marked substantial gains on a daily scale.Ethereum is among the calm altcoins with a minor daily increase that has helped the second-largest cryptocurrency reclaim $3,400. It’s worth noting that ETH struggled below $3,000 just over a week ago, but ever since it jumped above that level hasn’t looked back.

Binance Coin is also slightly in the green now and sits at $445. Ripple, Cardano, Polkadot, Dogecoin, Shiba Inu, and CRO have produced minor price appreciations.all-time high – just under $110. Avalanche and Solana are the most impressive performers from the larger-cap alts. AVAX is up by 8% and sits at $100, while SOL soared by 10% and trades north of $120.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:More gains are evident from lower- and mid-cap alts, including IOST , Zilliqa , Theta Fuel , IoTeX , TRON , and Enjin Coin .Cryptocurrency Market Overview.

Briefly exceeding $48,000 meant charting its highest price level since January 2 this year. Since then, though, the asset fell by a few hundred dollars and has been unable to remain above $48,000.beneath $47,000 twice in the past two days. As of now, BTC trades above that level, but its market cap has slipped to just under $900 billion.

 

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