After falling further to just over $ 60,000, bitcoin has regrouped and currently sits at close to $ 63,000. More impressive price performances come from some altcoins as Polkadot tapped a new all-time high hours ago, and Decentraland has entered the top 50 coins by market cap.
DOT ATH as MANA enters Top 50
Ethereum hit a new all-time high last week above $ 4,450, but came back in the following days and lost over $ 200. However, it reacted well to the latest price slumps and has returned above $4,350 as of writing these lines.
Binance Coin has gradually risen in value since it surpassed $ 500 last week. As of now, BNB stands above $540. Terra, Avalanche, Chainlink, and Litecoin have marked minor gains on a 24-hour scale.
Polkadot is the biggest winner after an 11% increase. As a result, DOT hit a new all-time high just a few hours ago at just over $ 50.
In contrast, Dogecoin, Ripple, Solana, and Cardano are slightly in the red from the larger-cap alts.
Decentraland, riding the waves of Mark Zuckerburg’s metaverse announcement, added 20% more value in one day. Moreover, MANA is up by more than 300% in the past seven days. As a result, it has become the 35th largest cryptocurrency with a market cap of $6 billion, according to CoinMarketCap.
Most wins come from The Sandbox (65%), Loopring (55%), Audius (29%), Chiliz (19%), Ankr (18%), Enjin Coin (17%), 0x (13%), Kusama (12% and Holo (12%).
The cryptocurrency market capitalization has remained at around $2.650 trillion.
Bitcoin is around $ 62,000
The main cryptocurrency fell below $ 60,000 yesterday before climbing above $ 63,000. However, it failed to remain there, and the bears drove it back south to around $60,500.
To date, he has recovered over $ 1,000 and is again close to $ 62,000. Nevertheless, the gaining alternative coins have reduced BTC’s dominance over the market. The metric, which hit 47% just a few weeks ago, is now below 44%.
Yet, bitcoin’s market capitalization has remained above $1.150 trillion. The asset has been rather overlooked from a retail perspective in recent weeks as all eyes have been focused on the coin mania.
