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Bitcoin

Stellar (XLM) explodes by 30 % in two days, stable Bitcoin (BTC) at 86 thousand dollars (weekend)

After a very volatile and painful trading week, the Bitcoin price continues with a gradual recovery, as it now exceeds 86,000 dollars.

Many Altcoins have made impressive gains over the past few days, and XLM is in its own bond with an increase of $ 0.3.

BTC calms at 86 thousand dollars

It can be said a lot about the events that occurred in the cryptocurrency market last week. I remember that BTC stood close to $ 100,000 on February 21, which was rejected and paid to $ 96,000 at the end of the previous week.

However, the actual pain began on Tuesday morning at a decrease to 86,000 dollars. After a simple recovery to $ 89,000, the cryptocurrency was thrown again to 82,000 dollars. The scenario was repeated again on Thursday, with a bounce to 86,000 dollars, and on Friday morning, with a huge price collapsed to $ 78,000.

This has become the lowest price for Bitcoin in more than three months. While many, including Arthur Hayes, expected more painful performance during the weekend, the BTC price was a good reaction to the latest massacre and is now sitting about eight larger.

Its market value has managed to defend the level of $ 1.7 trillion, while its dominance on the 58 % length of the CG.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Xlm on a roll

Altcoins has been hit strongly during the days that lasted, but most of them have recovered some of the earth since Friday. XRP continues with its gradual rise and now stands nearly $ 2.3 after another 5 % increase since yesterday.

ADA defended $ 0.6 and now trading more than $ 0.65. Sol, BNB, Doge, Link and SIU with simple gains, while XLM increased by 7.5 % last day and about 30 % since the lowest level on Friday to more than $ 0.32,

In contrast, ETH, LTC and TRX have planned minimal losses over the past 24 hours.

However, the total maximum Crypto market is more than $ 250 billion from the lowest level on Friday. However, it is still under the sign of $ 3 trillion on CG.

Overview of the encrypted currency market. Source: Quantifycrypto
Overview of the encrypted currency market. Source: Quantifycrypto
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Crossed currency plans By TradingView.

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