AVAX increases by 23 %daily because ETH 9-week-high-high: market observation
AVAX increases by 23 %daily because ETH 9-week-high-high: market observation
The start of Bitcoin in 2023 is still quite impressive, since the asset explodes over $ 18,000 for the first time in about a month.
The alternative coins have also made impressive profits. Ethereum has recorded its own high of several months, while AVAX has risen in the double digits.
Bitcoin demands $ 18,000 back
For Bitcoin,2023 continues to be largely different from 2022, which ended negatively when BTC slipped under $ 16,500. After January 1, however, the landscape was more positive for the asset.
It gradually started to gain value in the following days and approached the $ 17,000 mark by the end of the last week. It was stopped there at first, but a few days later it shot through this line and has not looked back since then.
The new week brought even more joy for the bulls when BTC tapped $ 17,500 a few days ago. However, the bulls kept the pressure upright and pressed the cryptocurrency in the longest rally for a year and a half and over $ 18,000
Bitcoin reached a monthly high at just under $ 18,400 a few hours ago, but has decreased slightly since then. Nevertheless, its market capitalization has risen to $ 350 billion, and its dominance compared to the Alts is up to 39.5 %.
BTCUSD. Tradingview
ETH, Avax rocket
Also the old coins are well in the green today, led by the second largest cryptocurrency. Ethereum has been a bit quiet lately, especially compared to some remarkable winners such as Cardano and Solana.
Now ETH has increased by 5 % and used to reach $ 1,400 to mark the highest price for about nine weeks.
Binance Coin, Ripplecardano, Dogecoin, Polygon, OKB, Polkadot and Litecoin have also recorded impressive growth of up to 5 %.
avalanche has stolen the show to the Large cap alternatives. AVAX has shot over 23 % in the last 24 hours and is traded over $ 15.
The market capitalization of the cryptocurrency has increased by over $ 20 billion on one day and has risen to a multi -month high of $ 885 billion.
Overview of the cryptocurrency market. Quantify crypto