After one other dip to only over $60,000, bitcoin has regrouped and at the moment stands near $63,000. Extra spectacular value performances come from some altcoins as Polkadot tapped a brand new all-time excessive hours in the past, and Decentraland has entered the highest 50 cash by market cap.

DOT ATH as MANA Enters High 50

Ethereum tapped a brand new all-time excessive final week above $4,450 however retraced within the following days and misplaced over $200. Nevertheless, it reacted properly to the most recent value slumps and has returned above $4,350 as of writing these strains.

Binance Coin has progressively elevated in worth ever because it broke above $500 final week. As of now, BNB stands above $540. Terra, Avalanche, Chainlink, and Litecoin have marked minor good points on a 24-hour scale.

Polkadot is probably the most vital gainer following an 11% enhance. Consequently, DOT marked a new all-time high simply hours in the past at simply over $50.

In distinction, Dogecoin, Ripple, Solana, and Cardano are barely within the pink from the larger-cap alts.

Decentraland, using the waves of Mark Zuckerburg’s metaverse announcement, has added one other 20% of worth in a day. Furthermore, MANA is up by greater than 300% previously seven days. Because of this, it has change into the thirty fifth largest cryptocurrency with a market cap of $6 billion, in keeping with CoinMarketCap.

Extra good points come from The Sandbox (65%), Loopring (55%), Audius (29%), Chiliz (19%), Ankr (18%), Enjin Coin (17%), 0x (13%), Kusama (12%), and Holo (12%).

The cryptocurrency market capitalization has remained at round $2.650 trillion.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Supply: Quantify Crypto

Bitcoin Sits Round $62K

The first cryptocurrency dipped beneath $60,000 yesterday earlier than it shot as much as above $63K. Nevertheless, it failed to stay there, and the bears drove it again south to round $60,500.

As of now, it has recovered greater than $1,000 and is near $62,000 as soon as extra. However, the gaining different cash have decreased BTC’s dominance over the market. The metric, which was as much as 47% only a few weeks in the past, is now down beneath 44%.

But, bitcoin’s market capitalization has remained above $1.150 trillion. The asset has been moderately uncared for from retail’s perspective previously few weeks, as all eyes had been focused on the meme coin mania.

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Chart by TradingView
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Cryptocurrency charts by TradingView.



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