Bitcoin (BTC) was able to jump again yesterday and again it attracted a large number of altcoins. Market sentiment is increasingly positive and investors are getting excited about a possible altcoin season, or alt season. The total market cap of all cryptocurrencies rose 2% in the past 24 hours to $2.09 trillion.
watchout for #altcoins risk off
An scenario we need to consider on the SHORT TERM
while $BTC approaches the 44.5K resistance, the most important one IMO, whales can start taking profits on #alts waiting to see what $BTC does.
Be vigilant. pic.twitter.com/gbMSbaxziR
— Trend Rider (@TrendRidersTR) March 25, 2022
Ethereum up 2.7%
Ethereum (ETH) struggled with $3,000 earlier this week, but was already able to hit $3,050 yesterday. The ether price briefly dipped back towards $3,000 yesterday afternoon and then jumped sharply to $3,100. ETH held out for the rest of the evening and last night the price rose even further, peaking twice this morning at USD 3,140. ETH then briefly dips back towards USD 3,100, but is now rising again towards USD 3,140. For example, the upward trend of ether seems to continue for the time being.
Google searches for “Ethereum merge” just hit an all-time high
Interest and optimism around $ETH picking up… pic.twitter.com/L0AROoAFdR
— Lucas Outumuro (@LucasOutumuro) March 24, 2022
DOGE, SHIB, LUNA, ADA, XRP something in the minus
Still, not all major cryptos are turning green today. For dogecoin (DOGE) the $0.14 was still a bit too much yesterday and the price drops by 3.5% to $0.135 today. Shiba inu (SHIB) is also struggling to break through $0.000025 and is 1% in the min. Terra (LUNA) fluctuates slightly between $92 and $95 and is 1.6% in the min.
Cardano (ADA) is correcting slightly after the huge increase in recent days. ADA briefly peaked at $1.18 last night, but is now at $1.13 this morning. Ripple (XRP) comes in at $0.835 at roughly the same price as 24 hours ago. The same goes for avalanche (AVAX) at $85.7.
BNB, DOT, SOL in the plus
Binance coin (BNB) was able to rise with BTC and ether yesterday and will hold on to that for the time being. BNB is up 1% and currently stands at $414. Polkadot (DOT) shows such a pattern, rose slightly faster, but is currently struggling a bit. DOT is also up 1%, coming in at $20.9. Solana (SOL), on the other hand, has continued to move mostly upwards over the past 24 hours and currently stands at $103, marking a 4.4% plus today.
This is not @opensea testing page, it’s Live! You can search price in $SOL already, so people can sell their @BoredApeYC in $SOL pic.twitter.com/yS0M1SPZqg
— HGE.SOL (@HGESOL) March 24, 2022
Top 100 crypto hardest fallers and risers
In the top 100 we also see a number of prices correcting that rose sharply this week. For example, mina protocol (MINA) is 3% in the min and apecoin (APE) 4% in the min. Juno (JUNO) continues its downward trend and drops by 7%. Humans.ai (HEART) is the biggest loser of the day, down 11%.
In contrast, kusama (KSM), neo (NEO), basic attention token (BAT), theta fuel (TFUEL, pancakeswap (CAKE), ecash (XEC) and kadena (KDA) are all up 4%. Near (NEAR) and zcash (ZEC) are both up around 5%, while Algorand (ALGO), thorchain (RUNE) and uniswap (UNI) are already up 7%.
FTX (FTT) token is up 8% and ethereum classic (ETC) and aave (AAVE) by 10%. Xido finance (XIDO) and convex finance (CVX) are 12% in the plus and axie infinity (AXS) even 13%. Quant (QNT) is the fastest riser in the top 100 today, up close to 16% and currently near $146.
Our new release of #Overledger 2.2.2 brings new tier-two #smartcontract capabilities to mint and burn tokens and account management.
Read more: https://t.co/OJlpODw4yX#Interoperability pic.twitter.com/Ij9W38Dll9
— Quant (@quant_network) March 24, 2022
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