Floki gets in after 15 % daily increase in the top 100: Market Watch

Floki gets in after 15 % daily increase in the top 100: Market Watch

The atypical lack of any volatility continues for Bitcoin, since the cryptocurrency continues to be traded around $ 22,400.

The old coins are in a similar condition, with little or no movements from most larger caps. Floki used the advantages and appeared after a massive daily increase in the top 100.

will Bitcoin finally move today?

Last Friday there was a massive drop in prices from Bitcoin, which drove it from over $ 23,400 to just under $ 22,000 when the silvegate problems tightened. However, this was the last piece of price volatility for cryptocurrency for the next few days.

The weekend was expected to be calm as the trade volumes had decreased. Nevertheless, Monday did not produce any major price movements either, since BTC was traded in a close range between $ 22,300 and $ 22,600.

All of this could change over the course of today when Fed chairman Jerome Powell is to testify before the congress about the central bank's monetary policy. In view of the prehistory between the interest increases of the Fed and the price volatility of BTC, one can assume that there will be some fluctuations today and actually during the week, since there are further events and announcements from the USA.

Btcusd. Tradingview

floki gets into the top 100

Most alternative coins have also got stuck in the same position as in the past few days. Smaller daily winnings are obviously coin, ripple, Dogecoin, Shiba Inu and Tron at Ethereum, Binance. Polygon has increased most of the top 10 after a daily jump from 2.5 % to $ 1.15

In contrast, OKB, Cardano, Solana, Polkadot, Litecoin, Toncoin and Atom have recorded insignificant losses.

floki is one of the few exceptions. In fact, the Memecoin was deployed by 15 % in one day, which helped her to rise to the top 100 cryptocurrencies after market capitalization.

Overall, the cumulative market capitalization of all crypto-assets remains at around $ 1.020 trillion.

Overview of the cryptocurrency market. Quantify crypto