Crypto NewsEthereum (ETH)

Solana Rebounds Another 9%, Ethereum Classic Jumps 6% (Market Watch)

                                                            Nach dem gestrigen Preissprung stieg Bitcoin weiter und kam auf fast 17.000 $, wurde aber zumindest vorerst davor gestoppt.

Most altcoins have also settled down after yesterday’s madness, but Solana and Ethereum Classic has again made remarkable gains.

SOL and ETC go ahead

CryptoPotato reported yesterday on the significant volatility that has seen numerous altcoins post double-digit price increases. As expected, the landscape is much calmer today.

Ethereum rose from under $1,100 to almost $1,200. Another 3% daily increase over the past 24 hours has the second largest cryptocurrency now raised above this line.

binance Coin, Ripple, Cardano, Dogecoin, polka dots and Shiba Inu are now in with easy gains. Even though LTC now also slightly in the green, it was among the best performers yesterday and here are some of the possible reasons for the rally.

Today’s top winners are Solana and Ethereum classics from the large-cap alternatives. SOL is up over 9% and is trading north of $14. It’s worth noting that Solana’s native token has been among the worst performers since the FTX-Alameda saga began earlier this month. ETC, on the other hand, is up 6% and has clawed back $20.

With most low and mid cap alts trading sideways today, the entire cryptomarket capitalization remained relatively flat at $835 billion on CoinMarketCap.
Solana Rebounds Another 9%, Ethereum Classic Jumps 6% (Market Watch), Crypto Trading NewsOverview of the cryptocurrency market. Quantify Crypto

Bitcoin eyed $17,000

The primary cryptocurrency had fallen sharply earlier this week, hitting a two-year low on Tuesday. This came after a relatively stable weekend, which saw the asset hover around $16,500 for most of it.

However, as mentioned above, yesterday was very different. BTC rallied about 5% and jumped to its weekend level of $16,500. It attempted to advance even further north for the past 24 hours, but the bears halted it before it had a chance to challenge $17,000.

As of now, it’s trading on familiar ground, but there are warnings that the bottom may not yet be in, at least according to one key metric.
Solana Rebounds Another 9%, Ethereum Classic Jumps 6% (Market Watch), Crypto Trading NewsBTCUSD. TradingView

Source: Crypto News Deutsch

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