• bitcoinBitcoin (BTC) $ 69,518.00
  • ethereumEthereum (ETH) $ 2,426.34
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 564.07
  • solanaSolana (SOL) $ 166.91
  • usd-coinUSDC (USDC) $ 0.999849
  • xrpXRP (XRP) $ 0.514762
  • dogecoinDogecoin (DOGE) $ 0.170212
  • staked-etherLido Staked Ether (STETH) $ 2,423.91
  • tronTRON (TRX) $ 0.160252
  • cardanoCardano (ADA) $ 0.334215
  • the-open-networkToncoin (TON) $ 4.68
  • shiba-inuShiba Inu (SHIB) $ 0.000018
  • wrapped-stethWrapped stETH (WSTETH) $ 2,876.94
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 69,263.00
  • avalanche-2Avalanche (AVAX) $ 24.06
  • wethWETH (WETH) $ 2,426.31
  • chainlinkChainlink (LINK) $ 10.83
  • bitcoin-cashBitcoin Cash (BCH) $ 343.54
  • suiSui (SUI) $ 2.01
  • leo-tokenLEO Token (LEO) $ 6.04
  • usdsUSDS (USDS) $ 0.994300
  • polkadotPolkadot (DOT) $ 3.87
  • litecoinLitecoin (LTC) $ 65.60
  • nearNEAR Protocol (NEAR) $ 3.82
  • aptosAptos (APT) $ 8.47
  • wrapped-eethWrapped eETH (WEETH) $ 2,551.98
  • uniswapUniswap (UNI) $ 7.24
  • pepePepe (PEPE) $ 0.000009
  • internet-computerInternet Computer (ICP) $ 7.37
  • bittensorBittensor (TAO) $ 458.50
  • daiDai (DAI) $ 1.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.26
  • moneroMonero (XMR) $ 158.56
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • stellarStellar (XLM) $ 0.093781
  • kaspaKaspa (KAS) $ 0.111246
  • whitebitWhiteBIT Coin (WBT) $ 19.06
  • ethereum-classicEthereum Classic (ETC) $ 18.25
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.304368
  • blockstackStacks (STX) $ 1.52
  • okbOKB (OKB) $ 38.00
  • dogwifcoindogwifhat (WIF) $ 2.11
  • aaveAave (AAVE) $ 136.39
  • filecoinFilecoin (FIL) $ 3.40
  • crypto-com-chainCronos (CRO) $ 0.072263
  • arbitrumArbitrum (ARB) $ 0.491634
  • mantleMantle (MNT) $ 0.561991
  • immutable-xImmutable (IMX) $ 1.08
  • optimismOptimism (OP) $ 1.42
  • render-tokenRender (RENDER) $ 4.44
  • hedera-hashgraphHedera (HBAR) $ 0.046301
  • celestiaCelestia (TIA) $ 4.23
  • injective-protocolInjective (INJ) $ 17.39
  • cosmosCosmos Hub (ATOM) $ 4.22
  • fantomFantom (FTM) $ 0.583826
  • vechainVeChain (VET) $ 0.020181
  • bitget-tokenBitget Token (BGB) $ 1.16
  • thorchainTHORChain (RUNE) $ 4.69
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,421.79
  • sei-networkSei (SEI) $ 0.351757
  • bonkBonk (BONK) $ 0.000019
  • the-graphThe Graph (GRT) $ 0.139263
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,714.60
  • popcatPopcat (POPCAT) $ 1.27
  • jupiter-exchange-solanaJupiter (JUP) $ 0.913806
  • pyth-networkPyth Network (PYTH) $ 0.337053
  • flokiFLOKI (FLOKI) $ 0.000126
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,538.42
  • mantra-daoMANTRA (OM) $ 1.31
  • gatechain-tokenGate (GT) $ 8.58
  • theta-tokenTheta Network (THETA) $ 1.10
  • kucoin-sharesKuCoin (KCS) $ 9.07
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 69,437.00
  • worldcoin-wldWorldcoin (WLD) $ 1.78
  • heliumHelium (HNT) $ 5.91
  • ethenaEthena (ENA) $ 0.353731
  • makerMaker (MKR) $ 1,120.29
  • algorandAlgorand (ALGO) $ 0.114319
  • bitcoin-svBitcoin SV (BSV) $ 47.38
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 69,484.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,489.18
  • msolMarinade Staked SOL (MSOL) $ 204.92
  • ondo-financeOndo (ONDO) $ 0.627378
  • arweaveArweave (AR) $ 13.75
  • fasttokenFasttoken (FTN) $ 2.68
  • lido-daoLido DAO (LDO) $ 0.973390
  • raydiumRaydium (RAY) $ 3.23
  • jasmycoinJasmyCoin (JASMY) $ 0.017621
  • beam-2Beam (BEAM) $ 0.015870
  • matic-networkPolygon (MATIC) $ 0.304049
  • based-brettBrett (BRETT) $ 0.080409
  • bittorrentBitTorrent (BTT) $ 0.00000082
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.998894
  • flowFlow (FLOW) $ 0.500986
  • aerodrome-financeAerodrome Finance (AERO) $ 1.14
  • usddUSDD (USDD) $ 1.00
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.008569
  • coredaoorgCore (CORE) $ 0.815761

Bitcoin Consolidation Continues, Avalanche Touched $100, Breaking New ATH (Market Watch)

0 136

Bitcoin Consolidation Continues, Avalanche Touched $100, Breaking New ATH (Market Watch)

Following the past few days of enhanced volatility, bitcoin has calmed around $64,000. Most alternative coins have also remained untypically stagnant on a 24-hour scale, with the apparent exception of Avalanche, which went on a roll and registered a new ATH.

Bitcoin’s Consolidation Rolls On

Last week was going quite well for the primary cryptocurrency as it had recovered from its dip to $60,000 and went on to chart new records. It broke the October peak of $67,000 on Tuesday and did it once more a day later, with the latest ATH standing at $69,000.

However, it couldn’t continue north. Just the opposite, it slumped by $6,000 in a day and dropped below $63,000.

The asset bounced off initially and reclaimed $65,000 before another price decline drove it to a weekly low of just over $62,000, as reported yesterday.

Since then, BTC has recovered some ground and touched $65,000 a few hours ago. However, it failed to remain there, and another multi-hundred dollar retracement has driven it to just over $64,000.

Bitcoin’s market capitalization has gone over $1.2 trillion once more, while the dominance over the altcoins stands still at 43%.

Bitcoin Consolidation Continues, Avalanche Touched $100, Breaking New ATH (Market Watch)

Altcoins Stay Calm: AVAX New ATH

Most altcoins have remained still since yesterday. Ethereum has lost a minor portion of its USD value and has dipped to just under $4,600. Cardano and Ripple have seen similar price dips and trade at $2.03 and $1.18, respectively.

In contrast, Binance Coin has increased by 2% to $640, Polkadot is at $46, while a 2.3% jump from Shiba Inu has driven the popular meme coin to $0.000053.

Solana, Dogecoin, and Terra have marked more substantial gains – around 4% each. As a result, SOL sits at $235, DOGE stands at $0.27, and LUNA is above $51.

Avalanche has surged the most from the larger-cap alts. An 11% increase from AVAX means a new all-time high for the token set at $100 earlier today.

IoTeX (24%), KuCoin Token (13%), and Loopring (11%) are also reps of the double-digit price surge club. In contrast, Decentraland, LEO, and Mina have lost similar percentages in a day.

The cryptocurrency market capitalization also sits at a familiar level compared to yesterday at around $2.950 trillion.

Bitcoin Consolidation Continues, Avalanche Touched $100, Breaking New ATH (Market Watch)

Source

Leave A Reply

Your email address will not be published.