Shiba Inu shoots up 16 %, Bitcoin reaches 3-month high

Shiba Inu shoots up 16 %, Bitcoin reaches 3-month high

Bitcoin climbed up in the last 24 hours and reached the highest price since the beginning of September.

Most old coins are also slightly in the green area, with ETH approaching $ 1,600. However, Shiba Inu is at a different level after a daily increase of 16 %.

Bitcoin touched $ 21.5,000

One can certainly say that the beginning of 2023 was quite positive for the primary cryptocurrency. After a few quiet first days, it finally broke over $ 17,000 last Monday and has not regretted it since then.

Sunday was calmer as always, and the next few days too. Nevertheless, Bitcoin stayed over $ 20,000 and had frequent jumps to $ 21,000

The last 24 hours brought another small price increase, which pressed cryptocurrency to just under $ 21,600 (on Bitstamp). This has been the highest price of the asset since September 12th.

Although BTC lost somewhat in the following hours, the market capitalization of BTC is still almost $ 410 billion, and its dominance compared to the Alts is firmly over 41 %.

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Shib increases

Most old coins have also been coming since the beginning of the year, and the last 24 hours have also brought minor climbs.

Ethereum is almost $ 1,600 after a price jump of 1 % on a daily basis. It is worth noting that the second largest cryptocurrency was traded below $ 1,200 a few weeks ago.

Binance Coindas went through a significant token burn yesterday, despite a slight retracement, still at $ 300.

Solana has lost most of the large cap alternatives (-5 %), followed by Matic (-2 %) and Cardano (-1 %). In contrast, Dogecoin, OKB and LTC rose by up to 3.5 % in one day.

Nevertheless, the day has been Shiba Inu. Memecoin has exploded by over 15 % in the last 24 hours and is traded at $ 0.000012.

The crypto market capitalization has increased by a few billion overnight and is almost $ 1 trillion at Coinmarketcap.

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