The alternative coins have outperformed bitcoin in the past 24 hours.
the GDP date on Thursday and the PCE numbers a day later, but that didn’t bring a lot of fluctuations for bitcoin.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Nevertheless, the asset saw a minor price jump to $23,500 late on Friday but couldn’t continue upwards. As of now, it stands at around $23,000 once again, but its market cap is above $440 billion.
Its dominance over the altcoins has been reduced slightly to 42.1% as most alts have charted notable gains in the past 24 hours.As mentioned above, a lot of altcoins have outperformed bitcoin on a daily scale, led by Avalanche. AVAX has shot up by roughly 14% and has tapped a local peak of over $20. Dogecoin, Polygon, and OKB are the other impressive gainers from the larger-cap alts. DOGE and MATIC are up by around 5-6%, while OKB has jumped by 7.5% to almost $40.
On the other hand, Binance Coin, Ethereum, Ripple, and Cardano are calmer today, with minor increases. The cumulative market cap of all crypto assets has added approximately $10 billion in a day and currently exceeds $1.050 trillion.
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