Bitcoin consolidates while Shiba Inu (Shib) explodes 35 % daily (weekend observation)

Bitcoin consolidates while Shiba Inu (Shib) explodes 35 % daily (weekend observation)

After Bitcoin had reached $ 56,000 for the first time in five months, it has decreased slightly and is currently around $ 55,000. Most old coins continue with undecided movements in both directions, with the exception of Shiba Inu, which went on the offensive again with a daily increase of 35%.

Bitcoin is $ 55k

The past week has once again shown how quickly the landscape could change on the cryptocurrency markets. Bitcoin received around $ 45,000 in October after it had recovered to $ 41,000 to $ 41,000 within days after the crash.

It started to climb down quickly and knocked on the $ 50,000 door in just a few days. Although the first attempt was unsuccessful, BTC came back and brought it down this time.

The bulls had to give more and pushed the asset further north. As a result, Bitcoin

Btcusd . Tradingview

Shiba is back

The alternative coins lost something in the past week to their leader, which is evident in the increasing BTC dominance. Nevertheless, most of them developed well compared to the dollar, with Ethereum recovered $ 700 of $ 2,900 at his current status of $ 3,600.

On a 24-hour scale, most remained calm with low losses. So it is at Cardano, Binance Coin, Ripple, Solana, Polkadot, Uniswap, and avalanche.

Terra has given up by about 8% in one day and is now less than $ 45

Overview of the cryptocurrency market. Quantify crypto

Shiba Inu, probably the most volatile coin has resumed its bullish course in the past few weeks. After falling 30 % yesterday, he now shot 35 % up and is currently $ 0.00003. Celer Network is the other remarkable winner in the last 24 hours with an increase of 22% to 0.17 USD.

Therefore, the market capitalization of cryptocurrencies has remained over $ 2.3 trillion.

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