Stacks keep climbing, with yet another double-digit surge that drove it to above $1 for the first time since April last year.
Bitcoin’s rollercoaster of around $23,000 and $24,000 continues, as the asset bounced off the former to tap the latter once again in the past 24 hours.
Most altcoins have also turned green today, and, somewhat expectedly, as of late, STX has stolen the show.Last week saw BTC try its hand at taking down $25,000 a few times but to no avail. The asset’s inability to overcome that line pushed it south hard, especially after the US PCE data came out for January on Friday.in an 11-day low at under $22,800 during the weekend. However, bitcoin began to recover some ground at the start of the working week and pumped to $23,800 on Monday.
for the past few weeks. This trend was only solidified in the last 24 hours, as STX soared by another 16% and even exceeded $1 earlier today to register its highest price tag since the end of April 2022.The rest of the larger-cap alts are also in the green, albeit with more modest gains. Ethereum, Binance Coin, Ripple, OKB, Cardano, Dogecoin, Polygon, Solana, Polkadot, and Shiba Inu have all increased by up to 3% in a day.
The total crypto market cap has added $20 billion daily but still sits just under $1.1 trillion on CMC.
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