Bitcoin stopped $ 17,000, Solana reached 10-day high (market observation)
Bitcoin stopped $ 17,000, Solana reached 10-day high (market observation)
Bitcoin tried to challenge $ 17,000 hours ago, but was stopped before he had the chance to get close.
The old coins have calmed down since yesterday's impressive winning, with the exception of Solana, which continues to make its latest losses and LDO.
Bitcoin came to $ 17,000
The end of 2022 was atypical for the primary cryptocurrency, which remained at around $ 16,500 after it had lost a few hundred dollars during the week.
Although the first day of the new year brought a similar lack of volatility, the landscape began to change yesterday. In the middle of some rather promising predictions for 2023, BTC increased almost 2 % of the value and reached a 5-day high of just over $ 16,750
The asset rose a little higher hours later, but was stopped before he had the chance to challenge $ 17. As such, it now stays on familiar ground.
Its market capitalization is still over $ 320 billion, while its dominance in the alternative coins is just under 40 %.
BTCUSD. Tradingview
Sol pumps on
Due to his relationship with the former SBF-led crypto empire,Solana became one of the most affected victims of the crash of FTX-Alameda. The last days of 2022 were also violent when Sol fell to $ 8 for the first time in about a month.
Despite the unfavorable price development, Vitalik Buterin von Ethereum had some positive comments for Solana at the time. Since then, the asset has developed better than the rest of the market and is now being traded at almost $ 12. This means that Sol rose by about 50 % in days.The native cryptocurrency of Lido is now another impressive winner after the Makerdao protocol has exceeded as a leading defect project in terms of TVL. LDO has increased by 7 % and is close to $ 1.25.
Terra Classic (Lunc) has increased by over 5 % in the last 24 hours and is approaching $ 0.0002
The large cap alternatives have stalled since yesterday's gains, with ETH at just over $ 1,200 and Binance are coin trading near $ 250
The cumulative market capitalization of all crypto assets has remained over $ 800 billion.
Overview of the cryptocurrency market. Quantify crypto