BTC stable over $ 26,000, since XRP, LTC, ARB increase by 3 % (market observation)

BTC stable over $ 26,000, since XRP, LTC, ARB increase by 3 % (market observation)

After Bitcoin had fallen to a 13-day low yesterday, it reacted well and recovered to almost $ 600 again in the following hours.

Most old coins are also slightly in the green area in the day, including ETH, Matic, XRP and LTC. LDO, on the other hand, has fallen below $ 2.

BTC remains over $ 26,000

How Glassnode recently confirmed, the primary cryptocurrency moved in a tight range, in which the transaction price was largely around $ 27,000. It tried to break out of it a few times, but was stopped at $ 27,500.

The latest rejection came on Wednesday and brought the asset strongly into trouble. First, BTC fell below $ 27,000, but the bears went one step further yesterday. This culminated in a decline to $ 25,900, which has been the lowest price for Bitcoin for almost two weeks.

The cryptocurrency rose by 1 % in one day and its market capitalization has increased to over $ 510 billion. However, its dominance towards the Alts stagnates at 46.2 %.

BTCUSD. Tradingview

ltc, XRP, Arb increase by 3-4 %

The old coins also suffered yesterday, but most have now achieved slight growth. ETH has fallen under $ 1,800 for the first time in a few weeks, but an increase of 2 % has brought him over this level at the present time.

also Cardano, Dogecoin, Solana and Shiba Inu are slightly in the green. Ripple, Matic and Litecoin have increased by about 2.5 % to 4 % in the last 24 hours. Arbitrum has also increased by a similar percentage.

The native token from Lido Dao, however, dropped on the second day in a row and is currently being traded under $ 2.

Overall, the crypto market capitalization has managed to defend the $ 1.1 trillion mark and to gain $ 15 billion every day.

Overview of the cryptocurrency market. Quantify crypto