Bitcoin
A$ 88,194
WINkLink
A$ 0.0008636
Ethereum
A$ 5,533.4

Market Watch: BTC Tests $61K While BNB Skyrockets 150% in 2 Weeks

Bitcoin’s prolonged story with the $60,000 price mark continues as the asset has spiked above it once again. However, its dominance keeps suffering as some altcoins have marked substantial gains. Binance Coin stands out with a massive double-digit price surge and yet another ATH at above $570.

Bitcoin Flirts With $60K Again

The primary cryptocurrency continues its fight with its round-numbered nemesis $60,000. As reported on Saturday, it seemed that the asset’s struggles were finally behind it as BTC spiked above it and even reached a 3-week high of $61,200.

However, Sunday turned out to be a different story as bitcoin rapidly retraced and even dumped to a daily low of $58,500. Nevertheless, the bulls have retaken charge and pushed the cryptocurrency north.

In the past 24 hours, bitcoin continued flirting with that line as it popped up to an intraday high of roughly $60,700 (on Bitstamp). Following a few more swings and dips beneath $60,000, BTC has jumped back above it and currently stands a few hundred dollars over that coveted level.

Despite its 1.5% daily increase, though, bitcoin’s dominance has suffered again. After reaching 2-year low days ago, the metric comparing BTC’s market cap with all other cryptocurrency assets has slumped even more to around 54%.

photo_2021-04-12_10-11-55 (2)
BTC/USD. Source: TradingView

Binance Coin in a League of its Own

The situation of most alternative coins is somewhat similar. Ethereum leads with a similar increase to bitcoin (2.4%) and currently stands around $2,190.

Polkadot (2.7%), Uniswap (8.7%), Chainlink (4%) are in the green, while Ripple (-4.5%) and Stellar (-6.6%) are in the red.

As it has happened frequently in the past week or so, Binance Coin’s performance has trumped all other large-cap alternative coins.

Whether it’s the anticipation of the 15th BNB burn that Binance’s CEO CZ outlined yesterday or something else, the token has added another 20% of value in a day (and 65% in a week). Consequently, BNB has marked yet another ATH at about $575.

It’s worth noting that less than three weeks ago – on March 25th – BNB had fallen to $225, meaning a 155% surge in 18 days.

photo_2021-04-12_10-06-54

Similar bullish developments are evident for Voyager Token (33%), KuCoin Token (27%), Pancake Swap (15%), BTMX (15%), Holo (14%), Huobi Token (13%), Decentraland (12%), and Dogecoin (11%).

The cumulative market cap of all digital assets has added $80 billion since yesterday’s low and has neared $2.1 trillion once more.

Related Posts

Leave a Reply

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Donate To Cryptonic Australia


Donate BTC: 1MPYuHUKm3AhNivMSngqLnoEbpNEecHeEK
Donate Doge: DDYybw7H8zx8EYU74JrGW8WwmYh9AGuyMC
Donate WinK: TDiXutqKE3P17LpZMQh3SDBCGSkAC6iEjB




Bounce (AUCTION) is now available on Coinbase
October 20, 2021
Bitcoin Leads Charge Of Large Cap Altcoin Dominance In October
October 20, 2021
LUNA Outperforms Bitcoin’s Rally, Why It’s Prepared For Large Beneficial properties
October 20, 2021




Bounce (AUCTION) is now available on Coinbase
October 20, 2021
Bitcoin Leads Charge Of Large Cap Altcoin Dominance In October
October 20, 2021
LUNA Outperforms Bitcoin’s Rally, Why It’s Prepared For Large Beneficial properties
October 20, 2021


CryptoCurrencyAUDChange 1hChange 24hChange 7d
Bitcoin88,194 0.03 % 3.05 % 17.73 %
Ethereum5,533.4 0.40 % 7.29 % 18.96 %
Binance Coin669.81 0.17 % 3.27 % 14.38 %
Cardano2.920 0.14 % 3.86 % 3.66 %
Tether1.330 0.41 % 0.10 % 0.06 %
XRP1.520 0.28 % 4.41 % 3.52 %
Solana230.35 0.08 % 10.84 % 13.96 %
Polkadot59.34 0.13 % 7.65 % 27.04 %
Dogecoin0.3413 0.03 % 4.22 % 13.39 %
USD Coin1.340 0.01 % 0.33 % 0.31 %

Recent Comments

Allison wick

I was a victim of WDC Markets investment scam some months ago myself. It was...

Greatness

he is the best when it comes to recovery, he helped recover my funds without...

URL

... [Trackback] [...] There you will find 63491 more Infos: cryptonic.com.au/evaluation-suggests-bitcoin-robust-palms-are-shopping-for-this-dip/ [...]