Home » Bitcoin Stays Calm at $23K, STX and LDO Lead the Altcoins

Bitcoin Stays Calm at $23K, STX and LDO Lead the Altcoins

by Lisa Zheng

Bitcoin has recently been hovering around the $23,000 mark, after falling from a multi-week high of $25,000. This came after a brief surge of $3,500 on Thursday, followed by a drop to under $23,500 and a further dip to a 10-day low of $22,800. Despite this, Bitcoin has managed to recover some ground and is currently just above $23,000.

The altcoins have been relatively quiet, with the exception of Stacks (STX) and Lido Dao (LDO). STX has seen an impressive increase of 160% in the past several weeks, and a further 12% increase in the past 24 hours, pushing it to over $0.75. Meanwhile, LDO is up by 6% and trading close to $3. The rest of the larger-cap alts are calmer, with Ethereum sitting still at $1,600, and Ripple, Cardano, Polygon, Dogecoin, Solana, Polkadot, and Shiba Inu all with small daily losses.

Overall, the cumulative market cap has remained still at $1.060 trillion. Bitcoin’s dominance over the altcoins is also calm at 42.2%. With low trading volumes, it remains to be seen if Bitcoin will make another attempt at taking down $25,000, or if the altcoins will start to make a move.

Popular News

Leave a Comment

Ads Blocker Image Powered by Code Help Pro

Please support us to continue to provide free news for everyone

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock