AVAX could replace DOGE as the top 10th cryptocurrency while Bitcoin is eying the $60K price range and other altcoins stand still so let’s read more in today’s altcoin news today.
Avalanche has gone on a tear by registering another new all-time high. Bitcoin continues the recovery attempts by reaching $59,000 while most of the altcoins remained stagnant. Avalanche is the biggest gainer once again and AVAX could replace DOGE as the 10th biggest coin in terms of market cap. Most altcoins dropped in value in the past week and tried to bounce off a day ago. ETH went below $4000 for the first time in one month after registering an all-time high of $4900 but ETH is well above $4300.
On a 24-hour scale, bigger cap altcoins stalled and Solana, Cardano, Binance Coin, and Ripple all were in the red while Terra was around 0.3% up. Shiba Inu lost the mot value of about 6% and now sits at $0.000046 but Avalanche and Crypto.com’s token gained the most. AVAX is the best performer in the past few days and continued to register a lot of new highs. The latest one came at 138 and AVAX got closer to surpassing DOGE as the 10th biggest crypto by market cap. CRO surged by 12% In one day and now trades above $0.62 thanks to the amazing partnerships announced by the exchange in the past month.
CRO surged by 12% in one day and now trades above $0.62 which came after an impressive partnership announcement by the exchange in the past month. More gains came from Gala by 33%, Arweave by 15%, Elrond by 10%, and Harmony by 13%. the crypto market cap increased by around $50 billion in one day and neared $2.8 trillion on CoinGEcko. BTC was losing the value for a few days but it then painted its latest ATH at $69,000 before the bears pushed it south and ended with a drop to $56,000. this became the lowest point in over a month. However, the crypto market reacted well to the dip and it then bounced off adding another $3000. After reclaiming this level, it continued rising to $60,000 a few hours ago. It retraced slightly and now stands around $59,000 with a market cap surpassing the one of $1.1 trillion once again but its dominance declined to over 42%.
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