After another day of heightened volatility, bitcoin hit $ 63,000 but has since retraced a few thousand dollars. Ethereum marked another all-time high above $4,400 before correcting as well, while Binance Coin has surged to north of $500.
ETH’s latest ATH: BNB up 8%
Since BTC hit its new all-time high last week at $ 67,000, all eyes in the cryptocurrency community have been on the second-largest digital asset, if it can do the same. And it took ETH more than a week, but it finally did it, as reported yesterday.
However, Ethereum was not made at $ 4,400 and kicked off another milestone a few hours later. This time, the asset went as high as $4,460 (on Bitstamp), which is the newest price record. For now, however, ETH has slipped slightly, but it is still above $ 4,300.
Binance Coin is the most significant gainer from the larger-cap altcoins in the past 24 hours. BNB is up 8% and topped $ 530 for the first time in months.
Minor gains are evident from Ripple, Polkadot, and Terra, while Solana, Dogecoin, Avalanche, and Chainlink are slightly in the red.
The Top 100 Coins, however, have a new rep, and that comes from the coin mania. Dogelon Mars has skyrocketed by 175% in a day and 360% in a week to $0.00000223.
Decentraland (32%), BitTorrent (13%), THORChain (13%) and Tron (10%) also marked substantial price increases.
The cryptocurrency market capitalization is up by $40 billion since yesterday and is well above $2.6 trillion.
Bitcoin failed at $ 63,000
The main cryptocurrency has also initiated a rise in the past 24 hours. After yesterday’s sudden massive price drop to a two-week low of $56,500, bitcoin had recovered and traded above $60,000 for several hours.
He went on the offensive with most of the market and added about $ 2,000. As such, it tapped $63,000 for the first time in several days.
However, he failed to continue to the top. The bears came back to play and gradually pushed him south. As of now, BTC stands at $61,500, but its market capitalization is north of $1.150 trillion.
