Bitcoin holds $ 21,000, Metaverse-tokens rise (Market Watch)
Bitcoin holds $ 21,000, Metaverse-tokens rise (Market Watch)
After the last positive days, Bitcoin has returned over $ 21,000 and has managed to stay above this level.
The old coins have now calmed down during the day, apart from several representatives of the meta-verse industry.
BTC still over $ 21,000
Although the number of reports that indicate an impending recession for a significant part of the world continues to increase, the primary cryptocurrency has so far been unaffected. Although BTC is a high risk system, it has been on the advance in the past few weeks.
The most important breakthrough was when Bitcoin finally recaptured $ 17,000 at the beginning of last week. Since then, it has not only not looked back, but also added over $ 4,000 within seven days.
This culminated yesterday in a price increase to $ 21,430 (on Bitstamp), which was a 10-week high. Although the value initially decreased by a few hundred dollars, the asset recovered and is currently again north of $ 21,000.
This helped the popular Fear and Green Index to reach neutral soil for the first time since last April.
The market capitalization of Bitcoin has exceeded $ 400 billion, while its dominance over the old coins is just over 41 %.
BTCUSD. Tradingview
Metaverse token on the advance
Several representatives of the Metaverse Realm have led the charts with remarkable growth today. They are listed by Gala's daily increase of 12 %, which is even more impressive in view of the latest controversy around Gala Games.
The native cryptocurrencies of Decentraland and The Sandbox also belong to this club and increase up to 7 %in one day.
Binance Coin is traded over $ 300 after a slight daily increase after the stock exchange announced the end of the 22nd token-Burn.
Most other large cap-alcohols also have slight profits of about 1 %. Polkadot has increased most (4 %) and is traded at $ 6.
The crypto market capitalization has approached the 1-billion dollar brand at Coinmarketcap and is well above this number at Coingecko.
Overview of the cryptocurrency market. Quantify crypto