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Bitcoin’s worth has remained untypically calm since yesterday and sits round $63,000. Most larger-cap altcoins have additionally failed to supply any important features, however Fantom has surged by 15% in a day to $3.4.
Bitcoin Calm at $63K
After retracing from final week’s all-time excessive at $67,000, bitcoin misplaced greater than $7,000 in days and dumped under $60,000 a number of occasions. The final such drop got here throughout the weekend when the cryptocurrency reached a weekly backside of $59,400 (on Bitstamp).
The panorama shortly modified within the following hours, as CryptoPotato reported. Bitcoin bounced off, reclaimed $60,000 nearly instantly, and saved climbing.
Because of this, BTC peaked above $63,500 however didn’t proceed upwards. As an alternative, it misplaced over $1,500 and dipped to $62,000. As of now, it has recovered a couple of grand and stands round $63,000.
Its market capitalization has remained simply shy of $1.2 trillion, whereas the dominance over the altcoins has declined barely to 45%.
BTCUSD. Supply: TradingView
Fantom Sees a Double-Digit Pump
Most various cash additionally retraced throughout the weekend however marked minor features previously two days. Ethereum fell under $4,000 briefly. Nonetheless, it has added one other 1.5% of worth in a day and at present sits effectively above $4,200.
Binance Coin is near $500 after a 1% enhance since yesterday. Solana painted a brand new all-time excessive yesterday above $216 however at present stands at $211.
Cardano, Ripple, Polkadot, and Dogecoin are additionally barely within the inexperienced. Extra spectacular features come from Terra (4%), Chainlink (4%), Uniswap (4%), and Avalanche (8%).
Fantom has surged by 15% in a day and has neared $3.4. Secret has entered the highest 100 cash following a 33% day by day and 84% weekly enhance.
Curve DAO Token (21%), NEAR Protocol (18%), Concord (17%), and ICP (12%) have additionally seen double-digit worth surges in a day.
The cryptocurrency market capitalization is up by $30 billion in a day to $2.630 trillion.
Cryptocurrency Market Overview. Supply: Quantify Crypto
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Cryptocurrency charts by TradingView.
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