The CRO token is rising 25% to a new all-time high, while Bitcoin struggles in the USD 57,000 price zone and isn’t making strong gains as we can see more in news and analysis on altcoins today.
Bitcoin’s volatility continued for the past day, but the asset has fallen below $ 57,000 with most of the altcoins in the green. However, the CRO token is up 25% and marks a new all-time high after a double-digit price hike. It can be assumed that native cryptocurrencies are one of the best in the industry. Driven by partnerships and strategic development, CRO has risen from $ 0.2 to a new high of $ 0.94 in less than a month. Just on the last day, the CRO was up 25% and is now at 12NS largest cryptocurrency with a market capitalization of $ 24 billion.
Several video game tokens have also risen lately, with Sandbox only confirming the story. On a daily scale, SAND rose by 32% to a new record of over 7. Further double-digit returns come from Zcash with a plus of 26%, BORA plus 22%, Audius plus 19%, Polygon plus 14% and Harmony plus 11%. Larger capitalization altcoins have rebounded slightly like Ethereum, which is up 5% and is now above $ 4,300. The Binance coin is approaching the $ 600 mark after a slight 4% increase, while DOGE, DOT, Solana, Ripple and Terra are up 2-3%. In contrast, Cardano lost around 4% and SHIB and AVAX followed with 6-7% losses that day.
Crypto market cap grew roughly $ 50 billion in a single day and is now over $ 2.7 trillion on CoinGecko. The main cryptocurrency price has been on a volatile roller coaster ride for the past few days, falling to new lows below $ 56,000 before hitting further to hit $ 60,000. The bears returned Monday, pushing Bitcoin south again, but this time to $ 57,000. The bulls blocked the move and subsequently increased the asset to over $ 59,000, but the surge was short-lived.
BTC fell over the next few hours, losing more than $ 3,000 to a daily low of $ 55,750 as multiple successive recovery attempts failed. BTC stagnated below $ 57,000 and its market cap is now $ 1.1 trillion. Dominance over the rest of the altcoins suffered as well, falling 3% in two weeks.