Conflux (CFX) increases by 16 %, Bitcoin (BTC) conquers $ 27,000 back (Market Watch)
Conflux (CFX) increases by 16 %, Bitcoin (BTC) conquers $ 27,000 back (Market Watch)
After the cryptocurrency on the Bitcoin Pizza Day had slipped to $ 26,600, she turned up her course and shot almost a giant up.
The old coins are also slightly in the green area, with ETH, Matic, Shib, Trx and Avax rise by about 3 % every day.
BTC demands $ 27,000 back
The primary cryptocurrency has been in a relatively tight range for about a week, which was also confirmed by Glassnode yesterday. The analytical sore tour said that the 7-day price range from BTC had dropped to 3.4 %, which has only occurred a few times in the past three years.
Every time, however, a massive price movement followed in one direction or the other. Therefore, Glassnode warned that much more volatility could soon occur.
At the moment, however, the asset is still in this area. Yesterday was Bitcoin Pizza Day and BTC fell on the lower side of the range at $ 26,600. At that time the bulls intervened and drove the price up so that it reached a multi-day high of almost $ 27,400.
Although it does not go on, BTC is still being traded over $ 27,000. Its market capitalization is almost $ 530 billion, while its dominance is at the same level compared to the old coins-46.4 %.
Btcusd. Tradingview
ETH defends $ 1.8,000 $ 1,8,000 Similar to Bitcoin, ETH has hardly or no movements in the past few days, but gradually lost ground. He was about to fall below $ 1,800. However, an increase of 2.5 % in the last 24 hours has prevented such a development, and the second largest digital asset is currently being traded at $ 1,850.
Similar price jumps can be observed in polygon, Shiba Inu, Tron and Avalanche in the larger old coins. BNB, Ada, Doge, Sol, LTC and DOT are also in the green area, albeit to a more modest extent.
The most impressive price increases in the day comparison come from companies such as Conflux (16 %), Kava (14 %) and render token (11 %).
Overall, the overall capitalization of the crypto market has increased by around $ 20 billion in one day and is $ 1.140 trillion.
Overview of the cryptocurrency market. Quantify crypto