As every day, innovations are taking place in the ecosystems of various altcoin projects. In the list below, you can see today’s network updates, stock market listings. Meanwhile, Bitcoin and many altcoins are starting to make slight gains. Here are the details…
Today, there are significant developments for 7 altcoins
- Narkasa lists Decentraland (MANA).
- BEAM (BEAM) will perform a hard fork at a block height of 1,920,000.
- Coinsbit lists AssetMantle (MNTL) with USDT pair.
- LBank lists Town Star (TOWN) in USDT pair at 16 CEST.
- Digifinex lists Redlight Chain (REDLC) at 13:00 CET.
- MEXC Global lists Spume (SPUME) at 17 with USDT pair.
- Wrapped Dogecoin (WDOGE), one of Dogechain’s native cryptocurrencies, started trading on MEXC Global.
What is the latest situation in the market?
Meanwhile, despite the volatile price action, Bitcoin managed to stay above $20,000. On the other hand, many altcoins are drawing slight gains. Over the past day, most cryptocurrencies have managed to recover somewhat from the previous volatile price action. This resulted in a total market capitalization that retraced the $1 trillion mark. The last 24 hours have been relatively quiet for Bitcoin. The cryptocurrency has reclaimed the significant $20,000 level. At the time of this writing, it is trading at around $20,100.
However, it is worth noting that BTC has once again dropped to $19,500. According to some, this level provides serious support. Because the cryptocurrency has fallen towards this level several times, preventing further selling each time. The entire day saw nearly $23 million worth of liquidations across the entire Bitcoin market.
Altcoins prices jump
Among the top 100 coins in terms of total market cap, the most obvious outlier seems to be CEL. The cryptocurrency has skyrocketed by as much as 28 percent in the last 24 hours in a relatively flat market. Most altcoins are recovering from the previous volatile downward price action. It shows slight increases by targeting some key levels once again. ETH is targeting $1.6k after gaining 3.2 percent the other day.
While ATOM increased by 8 percent with a more significant rise; Other major coins such as XRP, ADA, SOL, DOT, and ETC also rose. This brought the total market capitalization to over $1 trillion once again. It also helped improve the overall feeling. As we reported as Kriptokoin.com, the prices of cryptocurrencies, the market failed to recover after the Jerome Powell speech last week. Bitcoin broke the $20,000 level down for the first time in a while at that point.
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