Monday in the musician’s means of crypto, Bitcoin (BTC) was trading just-above $37,000 when a new week started, and steadily made its way above $38,000 by the eight hour, or halfway into the second quarter (7th to 12th hours). By the time the second-half came around, the bulls were in full force, sending “Bit” as high as $38,500 by midday, only to see it correct back down to $38,350, then make a higher-high at $38,650 early in the fourth quarter. In the final hours, the “orange coin” went rolling gently down the chart to close the day at $38,500, respectively, adding $1,500 in price-value in the last 24 hours. Bitcoin, now up 5% for the week, is still down 20% for the month, but up 16% for the year, while its marketcap is at $729 billion. Bitcoin dominance, meanwhile, has fallen dramatically by .6% in the same time period, and is now at 39.5% versus all crypto assets.
Ether (ETH) was trading around $2,500 when Monday got going, and it wasted no time getting going with it, climbing all the way up to $2,650 by midday, where it would momentarily stop to catch a breath. In the second-half, ETH did not let down, continuing its push upwards till it reached all the way to $2,750 in the final quarter where it would finally face resistance. ETH would eventually retire around that price range where it would wrap up the first month of the year. Ether, now up 12% for the week, is still down 27% for the month, but up 108% for the year, with a marketcap of $328 billion.
The altcoin sector closed the month off of January with a bang as well, with 90% of the ‘Top 100’ assets-by-marketcap closing in the green, with more than a dozen winners in the double-digit percentages category, and no losers. The biggest gainers of the day were the following, in order of larger-sized marketcap assets first: Solana (SOL) went up 17%, Terra (LUNA) up 19%, Polkadot (DOT) up 11%, Cosmos (ATOM) up 13%, Filecoin (FIL) up 10%, Tezos (XTZ) down 11%, Osmosis (OSMO) down 14%, Aave (AAVE) down 14%, Arweave (AR) down 10%, Curve DAO Token (CRV) down 13%, Nexo (NEXO) down 11%, Looks (LOOKS) down 17% and Mina Protocol (MINA) went down 15% to wrap up January 2022 in crypto. The total marketcap of all cryptoassets, meanwhile, went up 5% in the same time period and is now at $1.847 trillion.
- Bitcoin(BTC)afterStartingTheDayAt$37,000makesItAsHighAs$38,650lateInTheDayBeforeClosingAt$38,500nowUp5%forTheWeekYetStillDown20%forTheMonthButUp16%forTheYearWithItsMarketcapAt$729billionAndBitcoinDominanceDown.6%inTheLast24hoursTo39.5%versusAllCryptoAssets
- Ether(ETH)kicksOffMondayTradingAt$2,500andMakesItAsHighAs$2,750eventuallyAfterSkyrocketingStraightUpSlowlyButSurelyThroughTheDayAndWhereItWouldEventuallyCloseNowUp12%forTheWeekButStillDown27%forTheMonthYetUp108%forTheYearWhileItsMarketcapIsAt$328billion
- TheAltcoinSectorClosesTheMonthWith90%ofTheTop100assetsByMarketcapInTheGreenOfWhichThereWereMoreThanOneDozenDoubleDigitPercentageWinnersIncludingAmongTheBiggestMarketcapsSOL/LUNAandDOTwhileTotalCryptoMarketcapWentUp5%andIsNowAt$1.847trillion
https://www.coingecko.com/