Cardano, Ripple and Solana Breaking 5% (market observation)
Cardano, Ripple and Solana Breaking 5% (market observation)
With almost 58,000 USD,Bitcoin reached another high before it went back slightly. However, most alternative coins continue to lose value compared to BTC and the dollar, with massive declines from Ripple, Solana, Polkadot, Terra, Uniswap, avalanche and more.
old coins see red
The alternative coins have suffered in the last 24 hours. Ethereum could not remain over $ 3,600, and a decline of 3.5% was driven below 3,500
The rest of the old landscape is even worse. Binance Coin (-4%) for the first time in over a week is about to break under the $ 400 mark. Cardano lost 5.5% in one day and is
atripple, Solana, Polkadot, Dogecoin, Terra, Uniswap, Litecoin and Avalance have lost even more value since yesterday. As a result, XRP is $ 1.1, SOL at $ 143, dot at $ 33, DOGE under $ 0.23, Luna under $ 40, university at $ 23, LTC below $ 175 and AVAX at $ 53
Even more losses are available at Ren (-15%), Arweave (-13%), IOTA (-12%), Dydx (-12%), Thorchain (-11%), algorand (-10%), avalanche (-10%) and flow (-10%).
Shiba Inu is one of the few green coins, with a further increase of 15% in one day.
Nevertheless, the crypto market capitalization lost around $ 60 billion in one day, but is still over $ 2.3 trillion.
Bitcoin tested $ 58k
The performance of Bitcoin has been strongly settled by that of the old coins in the past few days. This is supported by the increasing BTC dominance , which has reached a two-month high at almost 47%. Only as a reference, the key figure had fallen under 44 % two weeks ago.
The primary digital asset has slowly but surely achieved increases in value since it increased over $ 50,000. He jumped to $ 55,000 and touched $ 56,000 and $ 57,000 in the following two days to mark new five-month highs.
After it had fallen to $ 54,500 in the last 24 hours, it continued and only came away a few centimeters of $ 58,000, but was stopped there. The bears caught the movement and pressed them again by several hundred dollars.
Up to now, BTC has recaptured some ground and is around $ 57,500, and its market capitalization has once again approached $ 1.1 trillion.
