The crypto market capitalization retains 1 t USD, while Bitcoin is over 22,000: weekend observation
The crypto market capitalization retains 1 t USD, while Bitcoin is over 22,000: weekend observation
Bitcoin tried to regain part of his recently lost value in the last 24 hours, but was stopped and fell back to $ 22,300.
The old coins stagnate quite a day during the day, and EOS loses all of its yesterday's profits.
Bitcoin holds $ 22,000
The low trading volume of the last weekend helped that Bitcoin mostly remained about $ 23,000. At the beginning of the working week, the asset rose to $ 24,000. In fact, BTC managed to reach this level on Wednesday, but that was a short and unsuccessful attempt to recapture it.
The cryptocurrency got stuck in a range between $ 23,000 and $ 24,000 most of the week until Friday. Here the landscape changed in the middle of the Silvegate problems. Bitcoin crashed by over $ 1,000 within minutes and fell to an 18-day low of almost $ 22,000.
Nevertheless, some crypto analysts continue to discuss the possible reasons for this decline. Nevertheless, BTC succeeded in rushing and getting back a certain value. At the weekend he even rose to $ 22,600, but failed and fell back to $ 22,300.
Its market capitalization has remained at around $ 430 billion, and its dominance compared to the Alts is just over 42 %.
BTCUSD. Tradingview
alts remain calm
The alternative coins experienced a volatility similar to the red on Friday, but the last 24 hours were quite uneventful. Other, Ripplleokb, Cardano, Dogecoin, Polygon, Polkadot and Shiba Inu are with minor daily losses.
eos was the best performer yesterday, but today almost all profits lost and is traded again at $ 1.2.
Other losses are obvious in Avalanche, Toncoin, Stellar and others. In contrast, QNT has added 3 % of the value and is traded at almost $ 130.
Despite the painful days at the end of the week, the crypto market capitalization managed to defend the coveted $ 1-billion line.
Overview of the cryptocurrency market. Quantify crypto