BNB at the highest level since FTX crash, Lido (LDO) has 5-month highest stand: Market observation
BNB at the highest level since FTX crash, Lido (LDO) has 5-month highest stand: Market observation
The adventure of Bitcoin around $ 23,000 continues because the asset was pumped over this level hours ago, but is still just below.
Only a handful of old coins has achieved more impressive 24-hour profits, including BNB and LDO, which both reached multi-month highest.
BNB, LDO on a role
da Binance played a key role in the quick decline of FTX, the native cryptocurrency of the stock exchange was one of the volatile during the crash two months ago. At some point he rose from $ 300 to almost $ 400 before he went back just as much as the rest of the market.
The significant drop in price came on December 17th when BNB broke up to an $ 220 with several months. In the following days, however, he gradually began to gain value, and the run in early 2023 only drove it up. Today this culminated in a price jump to over $ 320-the highest BNB since the FTX fiasco.
lido daos of native crypto has also been very popular in the past few weeks. The last 24 hours brought an increase of 6 %, which drove LDO over $ 2.6. This has been the highest price for over five months.
Most other old coins are a bit calmer. In the 9th year of his announcement, Ethereum continued to act over $ 1,600.
The crypto market capitalization remains at almost $ 1.050 trillion in coinmarketcap.
Overview of the cryptocurrency market. Quantify crypto
Bitcoin is still $ 23,000
Since the primary cryptocurrency finally broke out over $ 17,000 a few weeks ago, it has recorded new local highs. He managed to overcome further round milestones in the following days, including $ 18,000, $ 19,000 and finally $ 20,000.
But that was not all, because the bulls kept control. You drove the asset last weekend to over $ 23,000 for the first time since September. Bitcoin has stalled slightly after reaching this high, but still acts sideways, around $ 23,000. This means that it has increased by about 30 % to have advised investors to sell their assets since two long-time crypto haters-Peter Schiff and Jim Cramer.
Since there have been no significant movements since yesterday, the market capitalization of BTC is still just under $ 440 billion, and its dominance compared to the olds is 42 %.
BTCUSD. Tradingview