The cryptocurrency market entered the weekend with sideways price movements. While Bitcoin is trading above $ 40,000, other altcoin projects are not experiencing a big change. Today, however, there are some important developments to be experienced in the ecosystem. Here are the details…
Today is an important day for 10 altcoins
Bitcoin entered the weekend with horizontal movements, as we have also reported as Kriptokoin.com. Meanwhile, innovations continue to occur in various altcoin projects. Below is a list of what will happen today, Saturday, April 16, 2022:
- Rebel Bots (RBLS) has announced that they will make a partnership announcement.
- TXA (TXA) has launched the system that will allow TXA investors to stake. Stackers will be eligible to participate in a scheduled airdrop.
- Kommunitas (KOM) will conduct the special sale of MetaShooter (MHUNT).
- Kommunitas will hold the Leigon Network IKO.
- MEXC Global listed Ledgis (LED) at 9 CET with USDT pair.
- StarLink (STARL) will hold a Q&A event with the Chinese community.
- MEXC Global will list WeWay (WWY) in USDT pair at 15.00 CET.
- XT.COM lists ASIMI (ASIMI) at 13 with USDT and Binance Coin (BNB) pairs.
- AMC has launched Dogecoin (DOGE) and Shiba Inu (SHIB) payments on the AMC app.
What is the latest situation in the market?
The cryptocurrency market is still afloat today, but Bitcoin and Ethereum are trading above $40,000 and $3,000 respectively. After the recent price swings, Bitcoin stalled and stayed just above the enviable $40,000 mark. Altcoins are also atypically stable today, with Ethereum holding $3,000 and Binance Coin sitting well above $400.
Bitcoin’s price was volatile last week as it failed to exceed $47,000. The bears took advantage of this and started pushing downwards as BTC dropped to $45,000 and $43,000 in a matter of days. The situation worsened when the cryptocurrency dropped below its January 2021 ATH of $42,000. The dips continued, and shortly thereafter, Bitcoin dropped to a monthly low below $40,000. It recovered after the second drop below this level.
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