Bitcoin continues to trade within a tight range between $29,000 and $29,500 with no significant deviations in the past 24 hours. The lack of volatility is unusual for the typically more volatile cryptocurrency. Throughout the past week, Bitcoin experienced a dip below $29,000 followed by a surge past $30,000. However, it has since remained stagnant within the $29,000 to $29,500 range. The weekend did not bring any notable changes as Trading volumes were typically lower.
Altcoins have also remained quiet, with most of them showing little movement in the past day. Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), TRON (TRX), Polygon (MATIC), and Litecoin (LTC) are all slightly down. Shiba Inu, which was one of the top performers of the week, has retraced and is down by 4% overnight. On the other hand, Solana and Polkadot have made minor gains.
Among the larger-cap altcoins, TONCOIN (TON) has seen the most significant increase with an 8% surge, trading at $1.4. However, the native token of THORChain, RUNE, has stolen the spotlight with a massive 20% surge, pushing its price above $1.3.
The total cryptocurrency Market cap has remained around $1.170 trillion, with Bitcoin’s market cap standing at approximately $570 billion and its dominance over the altcoins just shy of 49% on CoinMarketCap.
It is important to note that the information provided is sourced from CryptoPotato and does not represent the opinions or advice of CryptoPotato. Readers are advised to conduct their own research before making any Investment decisions.
In summary, Bitcoin and most altcoins have experienced a lack of volatility in the past 24 hours. Bitcoin remains within a tight range between $29,000 and $29,500, while altcoins show little movement. RUNE has seen a significant surge, overshadowing other larger-cap altcoins. The total cryptocurrency market cap remains stagnant around $1.170 trillion.
Weekend Watch: THORChain’s RUNE Surges by 20%, While Bitcoin (BTC) Extends $29K Stagnation
parofix.com
Altcoins have also remained quiet, with most of them showing little movement in the past day. Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Dogecoin (DOGE), Cardano (ADA), TRON (TRX), Polygon (MATIC), and Litecoin (LTC) are all slightly down. Shiba Inu, which was one of the top performers of the week, has retraced and is down by 4% overnight. On the other hand, Solana and Polkadot have made minor gains.
Among the larger-cap altcoins, TONCOIN (TON) has seen the most significant increase with an 8% surge, trading at $1.4. However, the native token of THORChain, RUNE, has stolen the spotlight with a massive 20% surge, pushing its price above $1.3.
The total cryptocurrency Market cap has remained around $1.170 trillion, with Bitcoin’s market cap standing at approximately $570 billion and its dominance over the altcoins just shy of 49% on CoinMarketCap.
It is important to note that the information provided is sourced from CryptoPotato and does not represent the opinions or advice of CryptoPotato. Readers are advised to conduct their own research before making any Investment decisions.
In summary, Bitcoin and most altcoins have experienced a lack of volatility in the past 24 hours. Bitcoin remains within a tight range between $29,000 and $29,500, while altcoins show little movement. RUNE has seen a significant surge, overshadowing other larger-cap altcoins. The total cryptocurrency market cap remains stagnant around $1.170 trillion.
Weekend Watch: THORChain’s RUNE Surges by 20%, While Bitcoin (BTC) Extends $29K Stagnation
parofix.com
