Bitcoin’s volatility has continued over the past 24 hours, but the asset has calmed below $ 57,000. Most alts are slightly in the green, while CryptoCom’s token set a new all-time high after a double-digit price surge.
CRO and gambling chips on the rise
It’s safe to say that CryptoCom’s native cryptocurrency has been among the top performers in the industry lately. Powered by massive partnerships and strategic developments, the CRO went from $ 0.2 to a new all-time high of $ 0.94 in less than a month.
In the last 24 hours alone, the CRO has increased by 25%. It is currently the 12th largest digital asset with a market capitalization of almost $ 24 billion.
Some gaming tokens have also been on the run lately, and The Sandbox is proving that tale now. On a daily scale, SAND soared 32% to its own record high at over $ 7.
More double-digit agins come from Zcash (26%), BORA (22%), Enjin Coin (20%), Audius (19%), XDC Network (19%), Polygon (14%), Immutable X ( 13%) and Harmony (11%).
Larger cap alts painted more modest increases. Ethereum is up 5% on the day and sits above $ 4,300. Binance Coin came close to $ 600 after jumping 4.5%. Solana, Ripple, Polkadot, Dogecoin and Terra register gains of around 2-3%.
In contrast, Cardano (-4%), Avalanche (-6%) and Shiba Inu (-7%) lost the most in one day.
The cryptocurrency’s market cap has grown by around $ 50 billion per day and exceeds $ 2.7 trillion on CoinGecko.
Bitcoin Calms Below $ 57,000
The price of the main cryptocurrency has seen a volatile roller coaster over the past few days. After dropping $ 7,000 last week, BTC fell to a monthly low below $ 56,000 before going on the offensive and hitting $ 60,000 over the weekend.
Monday came, however, the bears returned and pushed bitcoin south again – this time to around $ 57,000. The bulls intercepted the move and pushed the asset north to over $ 59,000, but that spike was short-lived.
Bitcoin fell in the following hours and lost over $ 3,000 to a daily low of $ 55,750. Further recovery attempts followed, but they had little or no success. Right now, BTC has stagnated below $ 57,000 and its market cap is well below $ 1.1 trillion.
Dominance over altcoins also suffered badly, as it fell 3% in two weeks.
$ 100 Free on Binance (Exclusive): Use this link to sign up and receive $ 100 Free and 10% Fee Discount on Binance Futures in the first month (terms).
PrimeXBT Special Offer: Use this link to sign up and enter the code POTATO50 to get a 50% free bonus on any deposit up to $ 1750.
Disclaimer: The information found on CryptoPotato is that of the cited authors. It does not represent the views of CryptoPotato on whether to buy, sell or hold investments. You are advised to do your own research before making any investment decisions. Use the information provided at your own risk. See Disclaimer for more information.
Cryptocurrency Charts by TradingView.