Bitcoin demands $ 28,000, while Radix (XRD) explodes by 22 % daily (Market Watch)

Bitcoin demands $ 28,000, while Radix (XRD) explodes by 22 % daily (Market Watch)

After several days of sideways trade and little to no action, Bitcoin finally went on the offensive and rose to almost $ 29,000.

The old coins have also become green, with Ada and Sol increased the strongest compared to the large caps, while Radix has shot down in the duvets.

Bitcoin eyes $ 29,000

After the considerable price declines of the past week, the BTC drove from over $ 27,000 to $ 27,000 within a few days, the cryptocurrency had not produced significant upward movements. As such, he remained relatively stagnating and even marked a monthly low of $ 27,000 yesterday However, it seems that the growing banking problems in the USA, this time with First Republic, have contributed to the fact that the asset has gained some value again. The BTC bulls drove up by almost two giants, and it was only a centimeter of $ 29,000.

A daily increase of over 5 % has driven its market capitalization to well over $ 550 billion. It is worth noting that the key figure had only fallen to less than $ 530 billion yesterday.

In addition, the market dominance of Bitcoin has increased by over half a percent within one day and is now at CMC over 46.5 %.

Btcusd. Tradingview

XRD increases by 22 %

The old coins have also struggled in the past few days, but today the landscape looks very different. Ethereum was about to break below $ 1,800, but has increased by over 3 % in one day and is currently close to $ 1,900. Nevertheless, the ETH has still fallen by more than $ 200 since its 11-month maximum stand at the beginning of this month.

Binance Coin has increased by a similar percentage and is traded near $ 340. Rippledogecoin, polygon, polkadot, Litecoin and Shiba Inu are also clearly in the green area.

Solana and Cardano have jumped the most of the top 10 alternatives with just over 5 %. Further profits come from ICP, Hbar, Near, Arb and GrT. With an increase of 13 % after a partnership with Amazon Cloud, Cro benefited the most from the top 50 alternatives.

Radix (XRB) continues its massive role and has increased by 22 % in the past 24 hours alone.

The entire crypto market capitalization has increased $ 40 billion a day and is almost $ 1.2 trillion.

Overview of the cryptocurrency market. Quantify crypto