Tuesday in the teller trustworthiness of crypto, Bitcoin (BTC) was at $21,900 when the day began, but was quick to position itself above $22,000, a price point around which it would trade sideways in the first quarter (first six hours). It was at this point, early in the second quarter, when the bulls came out to play, raising “Bit” up all the way to $23,600 by midday. From there, volatility gave the asset a break, as the “orange coin” traded sideways for a few hours before dropping to $23,000 by the end of the third quarter. In the final hours, “Bit” traded mostly sideways and got one final leg-up late in the day to close at $23,400 going into Wednesday. BTC, now up 21% for the week, has a marketcap of $446 billion, while Bitcoin dominance versus all other cryptoassets is 40.5% currently.
The sentiment in the markets was not much different in the case of Ether (ETH) on Tuesday, which after starting the day at $1,530, stayed rangebound early, only getting as high as $1,570 in the second quarter. Unable to gain traction, ETH would correct back down $1,525 in the same quarter, but quickly bounce up to $1,585 around midday. After another rejection sent ETH to $1,510 from there, in the 19th hour, the asset bounced right back to $1,575 where it would close up about $50 in the last 24 hours. ETH, now up a whopping 50% for the week, has a marketcap of $187 billion.
Tuesday was another extremely bullish day for the altcoin sector, of which, 90% of the Top-100 assets by markertcap closed the day in green. While there were only a dozen double-digit percentage gainers on this day, as opposed to the 20 the day prior, there were no big losers either, again, which is always good. The biggest winners of the day were, in order of larger-sized marketcap assets first: Flow (FLOW) went up 22%, VeChain (VET) ~ 11%, Fantom (FTM) ~ 13%, Lido DAO (LDO) ~ 16%, Zilliqa (ZIL) ~ 13%, Waves (WAVES) ~ 15%, Stacks (STX) ~ 10%, Enjin Coin (ENJ) ~ 15%, ECOMI (OMI) ~ 15%, Frax Shares (FXS) ~ 12%, Mina Protocol (MINA) ~ 15% and NEM (XEM) went up 16% to wrap up another day in crypto. The total marketcap of all cryptoassets, meanwhile, is $1.109 trillion.
- Bitcoin(BTC)startsTuesdayAt$21,900andAtItsPeakTouches$23,600aroundMiddayBeforeCorrectingBackDownTo$23,000inSecondHalfAndRetiringAt$23,400nowUp21%forTheWeekWithMarketcapOf$446billionWhileBitcoinDominanceIs40.5%versusAllCryptoassets
- Ether(ETH)startsTuesdayAt$1,530andTradesMostlyRangeboundInTheFirstHalfOnlyGettingAsHighAs$1,570beforeFindingItsBottomAt$1,510inThe19thHourButReboundingBackUpTo$1,575whereItWouldRetireUp50%forTheWeekWithItsMarketcapAt$187billion
- TheTop100altcoinsEndTuesdayWithAlmostAllOfTheBunchInGreenOfWhichThereWereAlsoDozenDoubleDigitPercentageGainersEvenIncluding:FLOW/VET/FTM/LDO/ZIL/WAVES/STX/ENJ/OMI/FXS/MINAandNEMwithTotalCryptoMarketcapAt$1.109trillion
https://coinmarketcap.com/