BTC bounces off $ 23,000, Stx increases by another 23 %, while the rally continues (Market Watch)

BTC bounces off $ 23,000, Stx increases by another 23 %, while the rally continues (Market Watch)

Bitcoin fell less than $ 23,000 to mark a low of several weeks, but was able to recover quite quickly and recaptured this level.

Apart from stacks, most old coins sit calmly again. Stx has used the ordinal hype fully and has risen to almost $ 1.

Bitcoin again over $ 23,000

After the three unsuccessful attempts to crime the $ 25,000 mark last week, Bitcoin went south and ended up to $ 24,000. Things took another turn on Friday than the US PCE data that indicated an increase of 0.6 % since January.

Bitcoin reacted to $ 23,000 with an immediate drop in price. It continued to $ 22,800 at the weekend (on Bitstamp), which has been at the lowest price since February 15th.

The low trading volume on Sunday led to BTC remained calm at around $ 23,000. The bulls finally climbed hours ago by pressing BTC to over $ 22,600. Although the asset has decreased by a few hundred dollars since then, it is still well over $ 23,000, and its market capitalization has increased to over $ 450 billion.

Btcusd. Tradingview

stx continues

One can certainly say that the relationship between stacks and the Gamma marketplace has paid off for the former on the Bitcoin network since the ordinary NFTS. StX has recently developed into one of the best performers, and the last 24 hours have only consolidated this story.

The asset has increased by more than 23 % in the daily basis and was only a few centimeters away from reaching $ 1 earlier.

The rest of the old coins is much calmer again. Ethereum managed to defend $ 1,600, and an increase of 1.7 % has driven it well beyond this line. Binance Coin is located after a small daily increase north of $ 300.

in contrast, ripplecardano, polygon, dogecoin, Solana and polkadot are easy in the minus.

Nevertheless, the entire crypto market capitalization at CMC has remained less than $ 1.1 trillion, although $ 10 billion in one day.

Overview of the cryptocurrency market. Quantify crypto