Cro, ICP explode by 11 %, Bitcoin holds $ 29,000: market observation

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Von: Krypto News Österreich

After the recent massive volatility, Bitcoin made another attempt to overcome $ 30,000, but failed only a few centimeters below this level.

The old coins also calmed down today, with ETH holding $ 1,900 and XRP adds almost 3 %.

Bitcoin remains over $ 29,000

The past few days were quite eventful for the primary cryptocurrency. After they were still traded at around $ 27,000 on the weekend and until Tuesday, the bulls took over full control over the market and drove a massive push-up that drove it to $ 30,000 within hours.

However, fake reports came out in which Wallets, which are connected to Mt. Gox and the US government, could have significant amounts of BTC that let the asset collapsed by almost $ 3,000. When the news turned out to be fake, Bitcoin went on the offensive again and demanded $ 28,000 and then $ 29,000.

All of this happened within 36 hours. The past day brought another high, the BTC drove to almost $ 30,000. However, it failed there and has lost several hundred dollars since then.

Nevertheless, BTC is still over $ 29,000 and its market capitalization remains north of $ 560 billion. Its dominance compared to the Alts is up to 47 %.

Btcusd. TradingView BTCUSD. Tradingview

icp, cro climb double digits

Most alternative coins are the increased volatility of BTC with considerable price fluctuations. Ethereum rose from $ 1,800 to over $ 2,000 before it went back just as much. A slight increase of 1 % in the last 24 hours has helped the second largest cryptocurrency to reclaim $ 1,900.

ripple, Dogecoin, Matic, Solana, Litecoin and Tron are also slightly in the minus compared to the large cap-Alts. In contrast, Binance Coincardano, Polkadot and Shiba Inu decreased every day.

The biggest winners of the past day are ICP and Cro. The project behind the latter received two massive partnerships with Amazon and Samsung this week, which triggered another price increase. In total, both systems have increased by 11 %.

These profits have contributed to the fact that the entire crypto market capitalization has increased by $ 15 billion daily, and the key figure is just over $ 1.2 trillion.

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