Bitcoin’s price increase that started earlier this week stopped over the past 24 hours, and the asset calmed at around $58,000.A lot can change in the cryptocurrency markets within a week, and the past seven days proved that narrative once again, this time in the upward direction. Recall that BTC slumped hard last Friday to under $53,000 to chart a monthly low. However, the bulls intercepted the move and didn’t allow any further declines.
SOL, AVAX, LINK, DOGE, and TON have also produced impressive gains, while ETH, SHIB, and LTC are with minor increases. In contrast, TRX, BNB, and BCH have declined by 1-2%. More losses from the larger-cap alts come from KAS, AAVE, STX, and IMX.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.