According to CryptoDiffer data, this week, investors on Binance, the largest cryptocurrency exchange, have researched 13 altcoins and Bitcoin, including AVAX, which has been experiencing some problems this week. Here are the details…
Avalanche (AVAX) and these coins sought after by Binance investors
According to CryptoDiffer, a cryptocurrency data platform, there were 15 cryptocurrencies on Binance that were “trend coins”. Among them was Avalanche (AVAX), about which a big claim has been made recently. As we reported as Kriptokoin.com, it was put forward by CryptoLeaks that the heads of Ava Labs partnered with a law firm and targeted other crypto projects/platforms. This was reflected negatively on the price of AVAX at that time. However, it later recovered.
At the top of the list, as in every list, is Binance’s own cryptocurrency BNB. Next comes Bitcoin, the world’s largest cryptocurrency. Ethereum (ETH) is in third place behind Bitcoin. Terra Luna Classic (LUNC), which has experienced an astonishing rise this week, is in fourth place. Despite its rally throughout the week, it became one of the cryptocurrencies that experienced the biggest drop in the last 24 hours. You can see the full list as follows:
- BNB Coin (BNB)
- Bitcoin (BTC)
- Ethereum (ETH)
- Terra Luna Classic (LUNC)
- Polygon (MATIC)
- Shiba Inu (SHIB)
- Left (LEFT)
- Cardano (ADA)
- Litecoin (LTC)
- TRON (TRX)
- Cosmos (ATOM)
- Polkadot (DOT)
- Chiliz (CHZ)
- Avalanche (AVAX)
- Dogecoin (DOGE)
What is the latest situation in the market?
Meanwhile, the cryptocurrency market is about to close the weekend with a slight loss of momentum. In general, the $20,000 level is of significant importance. Apart from being a psychological sign, it also includes technical and fundamental support, the pinnacle of the 2017-2018 bull market. However, BTC has been flirting with $20,000 for several days. It looks like the bulls have finally given up. At the time of this writing, the cryptocurrency is trading around $19,800, recovering from daily lows of around $19,600.
Volatility has also disappeared from the market in the past few days, resulting in much less liquidation and overall trading volume. In the last 24 hours, there were only about $6 million in liquidation positions for BTC. Today most of the market is painted green. However, the percentage amount of most increases is not very significant. Cryptocurrencies such as ETH, DOT, BNB, and XRP are all gaining less than 1 percent. Meanwhile, Cardano was the best performing cryptocurrency among the top altcoins.
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