Bitcoin stood still at around $ 48,000 while Terra’s LUNA started another massive rally that caused the coin to hit an all-time high, so today let’s take a closer look at our latest Bitcoin news.
After a few days of profit, BTC calmed down a bit around the $ 48,000 price point and several other altcoins continued to recover. Solana is up 8% and Terra is also climbing to a new all-time high after gaining 20% daily. The rest of the altcoins were launched in the last few days after the midweek drop in prices and ETH even fell to $ 2900 thanks to China’s FUD. ETH has since recovered over $ 500 and now stands at $ 3,400.
Cardano also crashed, breaking below $ 2, but currently ADA is close to $ 2.30, with Binance Coin bouncing back $ 430 after a 4% daily increase. Small profits have been made by Ripple, Dogecoin, Uniswap and Polkadot. Solana has continued its recent bullish momentum, rising 8% over $ 170, but TErra remains the biggest winner of larger cap altcoins with a huge 20% profit. Terra’s LUNA hit a new ATH a few hours ago and is currently at $ 45. While Bitcoin stood still at around $ 48,000, more profits came from the OMG network, which gained 36%, Qtum rose 16%, ICON rose 16%, Serum 11%, IOTA 10%, Tezos gained 15%. The crypto market cap is close to $ 2,150 trillion, and the metric has risen more than $ 300 billion since Friday’s low.