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Bitcoin reaches 8-day high, Solana jumps by 40 %weekly: market observation
Bitcoin's 14th birthday brought some positive price fluctuations for the asset, since this year it was pumped for the first time to almost $ 17,000. Some old coins continue to record remarkable profits, led by Solana and Lido. Sol, LDO on a role. It was about a week ago when Solana decreased sharply after several successive negative developments in the network and the introduction of native tokens. The highlight came when Sol fell to a low of almost $ 8. However, the landscape began to change when a new NFT project was started on Solana and somewhat surprisingly positive ...
Bitcoin reaches 8-day high, Solana jumps by 40 %weekly: market observation
The 14th birthday of Bitcoin brought some positive price fluctuations for the asset, since this year it was pumped for the first time to almost $ 17,000.
Some old coins continue to record remarkable profits, led by Solana and Lido.
Sol, LDO on a role
It was about a week ago when Solana decreased sharply after several successive negative developments in the network and the introduction of native tokens. The highlight came when Sol fell to a low of almost $ 8.The landscape began to change, however, when a new NFT project was started on Solana and surprisingly positive comments from Ethereum's co-founder-Vitalik Buterin-came.
SOL rolled and has so far rose to over $ 13.5. This means that the asset on a weekly basis has increased by more than 60 % since its low of $ 8.
ldo has another remarkable winner in the past seven days and has increased by 45 %. This happened when the project became a leader in relation to TVL, which was anchored in a single Defi project.
The Near Protocol and Ethereum Classic have both increased in double digits to 1.5 USD or $ 18.
The large cap alternatives have also recorded some remarkable profits. Ethereum has increased by 3 % and is traded at $ 1,250, while BNB reclaimed $ 250 after a daily increase. Cardano has added 5 % of the value and is $ 0.265
The crypto market capitalization increases by $ 15 billion every day. The metric is now almost $ 820 billion.
Overview of the cryptocurrency market. Quantify crypto
Bitcoin sees 8-day high
The primary cryptocurrency was damaged on the last day of the otherwise rather violent year 2022 when it fell to a low of less than $ 16,400. In the following hours he recovered something and was quite quiet on January 1 at around $ 16,500.
It started to win some value in the next two days and jumped to $ 16,700. Yesterday, on the 14th birthday of the cryptocurrency, the price rose to almost $ 17,000.
This has been the highest price of the wealth value since December 27th. Although BTC does not overcome this level and decreases by about $ 100, BTC is still in the green area on Tagesskala.
However, his market dominance suffered one blow after the increase in old coins and has dropped to 39.6 %. The metric was over 40 %a few days ago.
BTCUSD. Tradingview