Stacks (STX) increases by 7 %daily, Bitcoin (BTC) gets $ 28,000 back: market observation

Stacks (STX) increases by 7 %daily, Bitcoin (BTC) gets $ 28,000 back: market observation
The price drop of Bitcoin below $ 28,000 only seems to be short -lived, since the asset has risen again at this level and reached $ 28,500 hours ago.
The old coins are also slightly in the green. LDO has made up for some of yesterday's losses again, while StX has increased the most.
BTC returns over $ 28,000
After the massive volatility last Monday, the BTC due to fake news about the CEO of Binance to bring a giant south, the cryptocurrency developed a little better and quieter in the following days.
The weekly high came on Wednesday when Bitcoin rose to almost $ 29,000. However, the bears caught the movement and pushed the asset south. As such, BTC returned to around $ 28,000 and spent most of the next few days around this line.
The weekend was calmer, Bitcoin moved in a close range between $ 27,800 and $ 28,200. The last slump to the former came yesterday. Nevertheless, BTC initiated a remarkable increase in the following hours, which led to a short jump to over $ 28,500
Although the cryptocurrency has lost a few hundred dollars since then, it is still traded over $ 28,000. Its market capitalization has once again approached the 550 billion dollar brand, and its dominance compared to the Alts is again just over 46 %.
BTCUSD. Tradingview
stx jumps by 7 %
Most old coins were slightly in the minus yesterday, but today the landscape is exactly the other way around, with minor profits. Ethereum rose by 1.5 % that day and is traded at $ 1,860. The second largest cryptocurrency recorded the highest price for eight months at over $ 1,950 last week.
Binance Coin (1.1 %) is over $ 310. RippleCardano, Dogecoin, Matic, Solana, Polkadot, Litecoin, Shiba Inu, Tron and Avalanche have now all recorded similar profits.
ldo, one of the weakest performers yesterday, has made something good at the ground and is now $ 2.4 after it has risen by 3.5 % today.
The native token of stacks has increased the most with a remarkable increase in 7 %. As a result, Stx is now traded at $ 0.85. However, it is worth noting that StX went far beyond $ 1 during the hypes.
The entire crypto market capitalization has balanced yesterday's losses and is again $ 1.185 trillion.
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