Injective increases by 20 %weekly, Bitcoin stagnates under $ 27,000: Weekend Watch

Injective increases by 20 %weekly, Bitcoin stagnates under $ 27,000: Weekend Watch

Apart from a short pump-and-dump of around $ 500 yesterday, Bitcoin stagnated at just under $ 27,000.

Even if the old coins are generally more volatile, they were not able to record any significant movements last day. Injective is one of the few exceptions.

Bitcoin stagnates below $ 27,000

After the increased volatility at the end of last week, which led to BTC fell to a two-month low of less than $ 26,000, the cryptocurrency was traded with much fewer fluctuations. The last weekend was mostly calmer because the asset catch up some losses again and spent around $ 27,000.

On Monday, the price rose to just over $ 27,600, but that was short-lived. A day later, the Bitcoin value fell over a thousand. However, it triggered another increase, which was stopped at $ 27,500. This time the rejection was even more violent and let the asset drop to less than $ 26,400.

The bulls caught the movement and did not allow any further declines. They recovered something and Bitcoin returned to the usual floor with around $ 27,000. Yesterday there were short fluctuations and fluctuations, but overall the course got stuck.

So its market capitalization is still $ 520 billion and its dominance compared to the old coins is 46.3 %.

BTCUSD. Tradingview

inj increases by 20 %

Binance Coin fell after a slight daily decline below $ 310. Dogecoin, polygon, polkadot, rippleshiba inu and avalanche are also slightly in the minus.

Cardano, Solana and Litecoin have fallen a little more today, with losses of up to 2 %.

In contrast, after a massive daily increase of 15 %, Agix got into the top 100. Kava and Inj follow in relation to daily profits - 7 %each. InJ has also increased by 20 % in the past seven days.

The entire crypto market capitalization is just over $ 1.120 trillion in CMC.

Overview of the cryptocurrency market. Quantify crypto