Crypto News

Avalanche increases by 9% (market observation)

                                                            Die nachteiligen Preisbewegungen von Bitcoin hielten in den letzten 24 Stunden an und der Vermögenswert fiel auf ein Zwei-Wochen-Tief von 45.500 USD. Die meisten Altcoins litten ebenfalls, mit der offensichtlichen Ausnahme von Avalanchedas im Tagesvergleich um fast 10 % gestiegen ist.

Bitcoin’s 14-day low

Just two days ago, the US Federal Reserve said it would leave interest rates unchanged, which resulted in a significant rise in the price of Bitcoin.

the Cryptocurrency was trading at $ 46,500 and skyrocketed to $ 49,500 in just a few minutes. When the community raised hopes that BTC would finally be able to take down its $ 50,000 archenemy for good, the bears came back to play.

Bitcoin gradually began to decline in value, as reported yesterday, but the landscape only deteriorated in the hours that followed. This time the asset fell to $ 45,500 – the lowest price since the massive December 4th crash.

Although BTC has rallied around a thousand dollars since then, BTC is still slightly in the red and its Market capitalization is well below $ 900 billion.

BTCUSD. TradingView

AVAX spikes 9%

Similar to Bitcoin, most of the altcoins went south yesterday, but made up most of the daily losses. As a result, most of them stay on a 24-hour scale.

EthereumBinance Coin and Ripple are easy in the countryside. Acts anyway ETH still below the coveted $ 4,000 mark, Binance Coin is below $ 530, and XRP is just above $ 0.8. In contrast, have Solana, Cardano, Polkadot and Shiba Inu recorded minor losses.

Avalanche is again the biggest winner. AVAX is up another 9% and is now trading well above $ 110. Additionally, the asset has increased 40% since the one behind it BlockchainPlatform announced USDC support earlier this week.

More profits come from some DeFi-Token led by a 25% increase in YFI, an increase of 15% from Curve DAO Tokens and a 13% jump from Aave.
Avalanche increases by 9% (market observation), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto.

Source: Crypto News Deutsch

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