Bitcoin steht weiterhin still, da sich der Vermögenswert um die 23.000-Dollar-Marke eingependelt hat. Weitere Schwankungen, wie weitgehend erwartet, kommen von mehreren Altcoins.
ETH at local high
The alternative coins saw some declines mid-week but reversed course in the days that followed.
Ethereum suffered, falling back to $1,600 a few times. However, yesterday it jumped to $1,650 and a 3.5% surge has the second largest cryptocurrency topped $1,700. This is the highest level ETH has seen in a little over a week.
Additionally, ETH is also up sharply against BTC as the trading pair hit a 3-month high.
From the alts with bigger market capitalization, Polkadot, Avalanche, and Ethereum Classic have gained the most, by around 5-6% daily. Of the mid-sized alts, NEAR Protocol and FIlecoin have gained the most. Both are up double digits.
Bitcoin stalls at $23K
While altcoins have fluctuated over the past few days, bitcoin has remained relatively calm. The primary cryptocurrency value had surged above $24,600 (multi-week high) in late July but failed there and began a pullback.
In the following days, Bitcoin dipped below $23,000. Ultimately, however, the asset was able to away. around that level and stayed there. As might be expected, it is now trading just above this line.
As most altcoins continue to outperform bitcoin, bitcoin’s dominance has taken a hit. The metric is below 41% and is even about to fall below 40%.
Source: Crypto News Deutsch