The past 24 hours have been a rollercoaster ride for Bitcoin, with the asset bouncing between $23,000 and $24,000. Despite its inability to break the $25,000 barrier, BTC managed to recover some ground and even touch $24,000 earlier today. Meanwhile, most altcoins have also turned green, with STX stealing the show and soaring by 16%. Aptos also saw a notable 8.5% increase, while Ethereum, Binance Coin, Ripple, OKB, Cardano, Dogecoin, Polygon, Solana, Polkadot, and Shiba Inu have all increased by up to 3%. The total crypto market cap has added $20 billion daily, sitting just under $1.1 trillion.
The past week has been a wild ride for Bitcoin, with the asset attempting to break the $25,000 barrier multiple times, only to be pushed back down to $22,800. However, the cryptocurrency has since managed to recover some ground and even touch $24,000 earlier today. As of late, STX has been the star performer, with its relationship with the Gamma marketplace and the Ordinals NFT driving its price up by 16% in the last 24 hours. Other altcoins have also seen modest gains, with Ethereum, Binance Coin, Ripple, OKB, Cardano, Dogecoin, Polygon, Solana, Polkadot, and Shiba Inu all increasing by up to 3%. The total crypto market cap has added $20 billion daily, bringing it to just under $1.1 trillion. While Bitcoin has yet to break the $25,000 barrier, it is clear that the asset is still in high demand, with its market capitalization increasing to $460 billion and its dominance over the alts at 42.4%.
