STX Soars Another 23% as Rally Continues, BTC Bounces Off $23K (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Stacks continues to be the best performer from the top 100 crypto assets.

Bitcoin dipped below $23,000 to mark a multi-week low but managed to bounce off rather quickly and has reclaimed that level.

Most altcoins sit quietly once again, aside from Stacks. STX has taken full advantage of the Ordinals hype and has soared to almost $1.Following the three unsuccessful attempts to decisively overcome $25,000 last week, bitcoin headed south and slipped to $24,000 at the end of it. Things took another turn for the worse on Friday when the US PCE data came out, suggesting a 0.6% increase since January.

Bitcoin reacted with an instant price drop to $23,000. It dipped further during the weekend to $22,800 , which became its lowest price tag since February 15.calm at around $23,000. The bulls finally stepped up hours ago by pushing BTC to over $22,600. Despite retracing by a few hundred dollars since then, the asset still stands well above $23,000, and its market cap has climbed above $450 billion.This is all you need not to miss any price action in the raging crypto markets.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This week in markets: STX is bright spot while bitcoin, ether stagnate with marketCrypto stocks also had a tough week.
Source: TheBlock__ - 🏆 464. / 53 Read more »