Shiba Inu (Shib) gets into the top 20 after 220% weekly winning (Market Watch)
Shiba Inu (Shib) gets into the top 20 after 220% weekly winning (Market Watch)
Bitcoin has initiated another increase in the last 24 hours, which led to a new monthly high of almost 52,000. Most alternative coins have stalled again, but Shiba Inu continues to develop well because it has entered the top 20 tokens after market capitalization.
Bitcoins new monthly high
Apart from the fact that it fell under $ 47,000 on the weekend, the last few days have been good for the primary cryptocurrency. It had recovered from the break-in of last week and was on the way to challenge $ 50,000 for the first time in almost a month.After a few rejections at $ 49,000, BTC finally overcome the obstacle of $ 50,000 yesterday. The second attempt seemed to be significantly more optimistic, since the asset continued to increase and reached almost $ 52,000.
This has been the highest price since September 7th. Since then, however, Bitcoin has not developed upwards - on the contrary. It has lost more than $ 1,000 in value and is currently less than $ 51,000.
Its market capitalization is still well over $ 950 billion, while dominance over the old coins has increased by 1.5% to 44% within two days.
Shib gets into the top 20, since Alts see red
The alternative coins have developed well in the past few days, but most are now in red, which leads to an increasing BTC dominance. Ethereum reached a high of over $ 3,500 several weeks today, but has now fallen to well under $ 3,400.
Cardano, Binance Coin, Ripple, Uniswap, and Chainlink have all lost similar values (around 4 %). Solana, Terra and Avalanche have unloaded even more.
Sol fell by $ 150 to $ 150 in one day, while Luna and Avax have dropped to $ 40 or $ 58 in the double-digit range.
Dogecoin is currently the only old coin with a larger cap that is slightly in the green area.
Shiba Inu drives with his. Fort Impressive performance after another massive increase of over 60% in one day to $ 0.000217. In addition, Shib has increased by 220% last week, which earned him a place under the top 20 coins after market capitalization.
In terms of the overall market capitalization of all crypto assets, it also achieved a record of around 2.2 trillion in the past.
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