Cryptoma markets increase by $ 60 billion within 2 days, while BTC and ETH increase by 4 % (weekend observation)

Cryptoma markets increase by $ 60 billion within 2 days, while BTC and ETH increase by 4 % (weekend observation)

Bitcoin recorded two consecutive days with price increases when the price rose to just under $ 27,000 within this period.

The performance of ETH is quite similar, since the second largest cryptocurrency is currently $ 1,750. Most of the other old coins are also in the green.

BTC rises to weekly high

The complaints of the SEC against Binance and Coinbase demanded their toll from the cryptocurrency market, whereby BTC broke out to $ 25,400 last week, although it was not even mentioned in the documents. Despite the immediate attempts to relax at $ 27,400, the situation remained in the past week or so dark.

The US VPI numbers and the subsequent decision of the Fed to suspend the rate increase also had no effect on the asset. But just a few hours after the decision of the Fed, everything changed when BTC fell to a three-month low of less than $ 24,800.

BTC went on the offensive and made a big lead on Friday. The last 24 hours were even more promising for the asset, since it rose to $ 26,800 for the first time in over a week.

Its market capitalization has risen to $ 515 billion, while its dominance has increased to 48 % at CMC.

Btcusd. Tradingview

alts see green

Most old coins suffered even more than BTC, since they were referred to as non-registered securities by the US stock exchange supervision SEC. However, the last two days were the opposite.

The Ethereum's multi-month low was just over $ 1,600 during the week. ETH has reacted well since then and has increased to $ 1,750 after an increase of 4 % alone in the last 24 hours.

Binance Coiner maintenance also gave in vigorously and recently recorded a 6-month low at $ 222. Now the BNB is close to $ 250 after a daily increase of 3 %.

Solana has increased most to over $ 15 from the top 10 (6.5 %). Cardano, Dogecoin, Tron, Polygon, Litecoin, Polkadot, Shiba Inu and Avalanche are also in the green area.

QNT is currently the biggest winner of the top 50 (17 %), followed by Algorand, Aptos, Hbar and Ldo.

The crypto market capitalization sank to a low of $ 1.010 trillion, but is now over $ 1.070 trillion, which means that it has risen over $ 60 billion in the last two days.

Overview of the cryptocurrency market. Quantify crypto