Crypto Blog
The cryptocurrency market has calmed down in the past 24 hours. Its total capitalization is around $2.29 trillion, which is more or less where it was yesterday.
Bitcoin, as well as the majority of large-cap altcoins, saw relatively low volatility and are consolidating. This is expected price action during weekends when volumes are traditionally lower.yesterday, the market achieved a considerable recovery, with Bitcoin’s price increasing to more than $63,000 despite its previous dip below $59,000. It appears that the rally has somewhat run out of steam.This is all you need not to miss any price action in the raging crypto markets.
Nonetheless, the lack of volatility throughout the past 24 hours is also reflected in the number of total liquidations in the derivatives market. Around $76 million worth of leveraged positions were wiped off.The broader altcoin market is also consolidating, having somewhat recovered from the drops during the previous week.Namely, this is Aptos . It’s up by more than 20% in the past 24 hours, making it the best performer from the top 100 cryptocurrencies by market cap.
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