Analiz

These Are This Week’s Top Performers While Bitcoin (BTC) Neared $40K (Weekend Watch)

These Are This Week’s Top Performers While Bitcoin (BTC) Neared $40K (Weekend Watch)

Bitcoin’s price initiated another leg up in the late hours of Saturday and jumped to its highest level in over a year and a half at almost $40,000.

Ethereum and Chainlink are among the best-performing larger-cap alts on a daily scale, with ETH standing above $2,150 and LINK trading north of $16.

BTC Neared $40K

It was less than a week ago – on Monday and Tuesday – when the primary cryptocurrency’s price performance was quite sluggish and underwhelming. The asset had dipped below $37,000 on a few occasions at that point, but then the bulls came out to play.

They pushed BTC north hard and it had added more than a grand within a day. After failing to overcome the $38,000 mark on its first attempt and trading below it mid-week, the cryptocurrency went on the offensive once more at the end of it.

This time, the bulls were more persistent and drove bitcoin to nearly $39,000 on Friday. Saturday started on a calmer note, but BTC spiked by another grand in the late hours and to just under $40,000 on several exchanges, leaving millions in liquidations.

As of now, bitcoin trades around $500 away from the $40,000 level. Its market capitalization has risen to over $770 billion, while its dominance over the alts stands still at 52%.

BTCUSD. Source: TradingView

LINK Keeps Pumping, ETH Follows

Chainlink was the top-performing larger-cap altcoin yesterday, with a surge past $15 following a 7% daily increase. LINK has continued its run in the past 24 hours, albeit in a more modest fashion. The asset is up by 2.5% and trades above $16 now.

Ethereum is the other notable gainer from the larger caps. ETH has jumped by 3% and sits above $2,150. XRP, SOL, ADA, DOGE, TON, and DOT are slightly in the green, while BNB, TRX, and AVAX have posted insignificant losses on a daily scale.

The weekly scale is quite different, though. Two of the Terra ecosystem tokens – USTC and LUNC – have skyrocketed by triple digits. In the case of USTC, the surge is by 272%.

The total crypto market cap has added around $20 billion overnight and stands close to $1.5 trillion on CMC.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Bir yanıt yazın

Başa dön tuşu