Crypto Market Cap calls for 1 t $ because Sol, OKB, apt explode: Weekend Watch

Crypto Market Cap calls for 1 t $ because Sol, OKB, apt explode: Weekend Watch

Bitcoin has increased by around $ 2,000 in recent years and has thus reached its highest price position since mid -September.

The old coins are also well in the green area, with some, such as Sol and OKB, massive double -digit price increases.

Bitcoin sees 18-week high

The latest Bitcoin increase took place in the middle of five bullish on-chain factors, which were made available by Cryptoquant at the beginning of this week. The asset had calmed down after touching $ 21,600 and had decreased to almost $ 21,000.

The bulls had a fight that lasted for a few days seems to have been won at least for the time being, since BTC had been going through one of the most impressive price rising overnight for some time. It brought it from less than $ 21 to centimeter from $ 23,000.

Although it has still been unable to achieve this level so far, touching $ 22,800 is the highest price that Bitcoin has seen for 18 weeks. As was to be expected, this price increase caused losses in the millions for over-indebted traders, which were mainly short positions.

The pricing pump has contributed to the fact that the market capitalization of BTC has increased to almost $ 440 billion. The dominance of the old coins also increases and is up to 42 %.

BTCUSD. Tradingview

apt, Sol, Okb Skyrocket

Although BTC's market dominance increases, several old coins actually exceed the largest digital asset at a daily level. Among these, the native token of aptos has conquered the main stage with an overwhelming increase of 57 %. As a result, APT marked a multi -month high of over $ 12.

The next old coins with a larger upper limit are Solana, Okb, Mana, Sand, ICP, Vet, Hbar, Near and Atom. All of these have been shot by 10 % to 20 % overnight.

Ethereum is $ 1,650 after an increase of 6.5 %. Binance Coin reclaimed $ 300 after a jump of $ 5.5 %.

All of these price jumps have contributed to the fact that the crypto market capitalization has also risen over $ 1 trillion on coinmarketcap.

Overview of the cryptocurrency market. Quantify crypto