Bitcoin (BTC) was able to jump again yesterday and again attracted a large number of altcoins. Market sentiment is increasingly positive with investors getting excited about a potential altcoin season or alt season. The total market capitalization of all cryptocurrencies increased by 2% in the last 24 hours to $2.09 trillion.
Careful with #altcoins take a chance
A scenario that we must consider in the SHORT TERM
Be attentive. pic.twitter.com/gbMSbaxziR
— Trend Rider (@TrendRidersTR) March 25, 2022
Ethereum rises 2.7%
Ethereum (ETH) struggled with $3,000 earlier this week, but was already able to reach $3,050 yesterday. The price of ether briefly fell to $3,000 yesterday afternoon and then jumped sharply to $3,100. ETH held out for the rest of the night, and last night the price rose even higher, hitting its peak twice this morning at $3,140. ETH then briefly falls back towards $3,100, but is now up again towards $3,140. For example, the uptrend of the ether seems to be continuing for the time being.
Google searches for “Ethereum merger” just hit an all-time high
— Lucas Outumuro (@LucasOutumuro) March 24, 2022
DOGE, SHIB, LUNA, ADA, XRP something in the minus
Still, not all major cryptocurrencies are going green today. For dogecoin (DOGE), $0.14 was still too much yesterday and the price falls 3.5% to $0.135 today. Shiba inu (SHIB) is also struggling to break above $0.000025 and is 1% at the bottom. Terra (LUNA) fluctuates slightly between $92 and $95 and is 1.6% at the low.
Cardano (ADA) is correcting slightly after the huge surge of the past few days. ADA briefly hit a high of $1.18 last night, but is now at $1.13 this morning. Ripple (XRP) is priced at $0.835 at roughly the same price as it was 24 hours ago. The same goes for Avalanche (AVAX) at $85.7.
BNB, DOT, SOL in the plus
Binance coin (BNB) was able to rally with BTC and ether yesterday and is holding on to it for now. BNB is up 1% and is currently at $414. Polkadot (DOT) shows that pattern, it rose a little faster, but is currently struggling a bit. DOT was also up 1%, reaching $20.9. Solana (SOL), on the other hand, has continued to move mostly up over the past 24 hours and is currently sitting at $103, marking 4.4% higher today.
– HGE.SOL (@HGESOL) March 24, 2022
Top 100 top fallers and risers with crypto
In the top 100 we also see a series of price corrections which have increased considerably this week. For example, mine protocol (MINA) is 3% on the min and apecoin (APE) is 4% on the min Juno (JUNO) continues its downward trend and falls 7%. Humans.ai (HEART) is the biggest loser on the day, down 11%.
By contrast, kusama (KSM), neo (NEO), basic attention token (BAT), theta fuel (TFUEL, pancakeswap (CAKE), ecash (XEC) and kadena (KDA) are up 4%. Near (NEAR ) and zcash (ZEC) are up around 5%, while Algorand (ALGO), thorchain (RUNE), and uniswap (UNI) are up 7% already.
The FTX token (FTT) is up 8% and ethereum classic (ETC) and aave (AAVE) are up 10%. Xido finances (XIDO) and convex finances (CVX) are 12% on the plus and axie infinity (AXS) even 13%. Quant (QNT) is the fastest climber in the top 100 today, up close to 16% and currently near $146.
— How much (@quant_network) March 24, 2022
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