BTC conquers $ 27,000, while LDO and LTC explode by 8 % daily (market observation)
BTC conquers $ 27,000, while LDO and LTC explode by 8 % daily (market observation)
After the painful days in which BTC fell below $ 26,000 and reached a new two-month low, the asset recovered and today recovered to $ 27,000.
Several old coins have exceeded Bitcoin in the past few days, including LTC, LDO, Toncoin, APT, BCH and Grt.
BTC again over $ 27,000
It was less than a week ago when Bitcoin shot a multi-day high of $ 28,400 after the publication of the US VPI numbers. However, this increase was short-lived and this was followed by a violent rejection that pressed the asset by $ 1,500 down.
The price fluctuations were not over yet and BTC tried again to reduce the $ 28,000 mark, but was rejected again. This time the price declines were more subtle but more violent.
The highlight was on Friday, when the cryptocurrency crashed to $ 25,800 for the first time in two months. At that time, the bulls finally came out of their hiding places and put on an impressive climb that Bitcoin again drove $ 27,000.
The weekend was a little less eventful and BTC initially did not manage to reach this level again. However, this happened on Sunday evening and the asset is currently trading at around $ 27,500. This has increased its market capitalization to over $ 530 billion and its dominance compared to the old coins is slightly 46.5 %.
BTCUSD. Tradingview
ltc, LDO enter the main stage
Most old coins also remained calm at the weekend, possibly due to the lower trading volume. However, the landscape has now changed for several. Ethereum, Binance Coin, Ripplecardano, Dogecoin, Solana and Matic are all slightly in the green in the day.
However,more pleasant growth comes from companies such as Toncoin, APT, BCH and GRT-everyone has risen by about 5-6 %.
litecoin and Lido Dao have developed into today's top performers, since both have increased by 8 % or a little more. As a result, LTC has approached the 90 dollar brand, while LDO is well over $ 2.
The overall capitalization of the crypto market has grown by around $ 20 billion daily and is now almost $ 1.150 trillion.
Overview of the cryptocurrency market. Quantify crypto