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Lido Dao (LDO) increases by 17 %weekly, Bitcoin (BTC) remains $ 27,000 (weekend observation)
Bitcoin got stuck at the weekend in view of the lower trading volume, but is still over $ 27,000. It is also calm at the daily level, but some - like LDO, Inj and QNT - have achieved massive growth weekly. BTC-Flat at $ 27,000 It was less than a week ago, on Monday, when the most important cryptocurrency initiated a massive increase, which led to the achievement of a three-week high of $ 28,500. This happened after the first agreement of the US government with regard to the country's debt limit. However, the asset could not increase further and reached a value of $ 28,000 on Tuesday. On ...
Lido Dao (LDO) increases by 17 %weekly, Bitcoin (BTC) remains $ 27,000 (weekend observation)
Bitcoin got stuck at the weekend in view of the lower trading volume, but is still over $ 27,000.
It is also calm at the daily level, but some - like LDO, Inj and QNT - have achieved massive growth weekly.
BTC flat at $ 27,000
It was less than a week ago, on Monday, when the most important cryptocurrency initiated a massive increase, which led to the achievement of a three-week high of $ 28,500. This happened after the first agreement of the US government with regard to the country's debt limit.
However, the asset could not increase further and reached a value of $ 28,000 on Tuesday. On Wednesday there was a significant drop in price by $ 1,000, which was imitated a day later by a similar drop in prices. Ultimately, BTC fell to a weekly low of less than $ 26,600 on Friday morning.
The bulls managed to intercept the movement and help Bitcoin to compensate for part of the losses by the weekend. The last two days have been more uneventful, since the cryptocurrency in the middle of the normally low trading volumes remains at just over $ 27,000.
As a result, the total capitalization of BTC is still $ 525 billion and its dominance compared to the old coins is at the same level as yesterday-45.9 %.
Btcusd. Trading view
LDO, Inj, QNT record weekly growth
The old coins with larger market capitalization imitated BTC's performance at the weekend, which means that there are hardly or no volatile movements. Despite a small daily setback, ETH is still at exactly $ 1,900 after it was below and above this level during the week.
Binance Coin, Ripple, Dogecoin, Polygon, Litecoin, Shiba Inu and Avalanche have increased less than 1 % in the past 24 hours. Ada, Sol and Dot have increased by about 1-2 %.
The top performer of yesterday-Tron-today recorded a strong decline of almost 5 %. A look at the diagrams on a weekly scale gives a different picture for several alts. Lido dao, injective and quant have risen by over 15 % in the past seven days.
Overall, however, the market capitalization of cryptocurrencies has remained relatively low in the past two days and is almost $ 1.150 trillion.
Overview of the cryptocurrency market. Quantify crypto