Bitcoin Consolidates Around $63,000: Fantom Soars 16% (Market Watch)

Bitcoin

The price of Bitcoin has remained unusually calm since yesterday and is around $ 63,000. Most larger-cap altcoins have also failed to produce any significant gains, but Fantom has surged by 15% in a day to $3.4.

Bitcoin Calm at $ 63K

After recovering from last week’s all-time high of $ 67,000, bitcoin has lost over $ 7,000 in a matter of days and has fallen below $ 60,000 several times. The last such drop came during the weekend when the cryptocurrency reached a weekly bottom of $59,400 (on Bitstamp).

The landscape changed rapidly in the hours that followed, as CryptoPotato reported. Bitcoin bounced off, reclaimed $60,000 almost immediately, and kept climbing.

As a result, BTC peaked above $ 63,500 but did not continue to rise. Instead, it lost over $1,500 and dipped to $62,000. At the moment, he has collected about a large one and stands at around $ 63,000.

Its market capitalization has remained just shy of $1.2 trillion, while the dominance over the altcoins has declined slightly to 45%.

Fantom sees a double-digit pump

Most of the alternative coins also retraced over the weekend, but marked minor gains over the past two days. However, it has added another 1.5% of value in a day and currently sits well above $4,200.

However, it has added another 1.5% of value in a day and currently sits well above $4,200. Solana painted a new all-time high yesterday above $216 but currently stands at $211.

Cardano, Ripple, Polkadot and Dogecoin are also slightly in the green. More impressive gains come from Terra (4%), Chainlink (4%), Uniswap (4%), and Avalanche (8%).

Fantom jumped 15% in one day and came close to $ 3.4. Secret entered the top 100 after increasing 33% per day and 84% per week.

Curve DAO Token (21%), NEAR Protocol (18%), Harmony (17%), and ICP (12%) have also seen double-digit price surges in a day.

The cryptocurrency’s market cap grew by $ 30 billion per day to reach $ 2.630 billion.

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