[ad_1]
Over the past day, the total cryptocurrency market capitalization managed to recover a few billion, but the overall market saw no considerable volatility, and volume is drying up.
Some altcoins managed to pull ahead, but the broader sentiment remains fearful.
Bitcoin Struggles Below $17K
Bitcoin’s price was unable to hold above the $17K level yesterday and dropped to a low of $16,527 on Binance. The cryptocurrency has failed to recover and is currently trading at around $16,670.
BTC’s price is down about 2.4% on the week and is only up 0.2% in the past 24 hours, unable to stage a clear recovery.
Bitcoin’s dominance – used to primarily gauge its share relative to that of the rest of the market – sits still at 38.2% (according to CoinGecko).
Altcoins Calm, BNB Pulls Ahead
For the most part, altcoins have also been standing still over he past day, unable to produce any meaningful increases, with certain exceptions.
The best performer from the top 10 coins by means of total market capitalization is Binance Coin. BNB is up 4%, trading at slightly below $250 at the time of this writing.
Overall, for the second day in a row, Toncoin (TON) remains the best performer from the top 100, up 6.2%. The cryptocurrency is now up a whopping 40% in the past week.
It seems Tezos (XTZ) lost the most during this period (-3%), which is more or less the same as WhiteBIT’s WBT token and Mina Protocol’s MINA.
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.
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.
[ad_2]
Source link