Bitcoin, Ethereum go higher, XLM, AXS continue to rally
After accelerating above the $ 32,000 level, BTC is now approaching $ 33,000, wiping out all of its weekly losses.
It is outclassed by ETH and several altcoins, however, as, for now, the bulls seem to be feeling more comfortable than at the start of this week.
Total market capitalization
Perhaps spurred by the B Word event on Wednesday, the price of bitcoin extended its rally. BTC broke through the $ 32,500 level and is now trading (04:45 UTC) above $ 32,700. The price rose almost 2% in one day, increasing his weekly earnings to 3%.
At the same time, the price of ethereum is still showing positive signs above the $ 2,000 level as it moves closer to the $ 2,100, where it was almost two weeks ago. ETH is now up almost 4% in a day and 9% in a week.
ADA, LTC, DOGE and XRP prices
Cardano (ADA) has touched the $ 1.20 level, which could open the door for further gains. The price is still down 2% in a week after also gaining 2% in the last 24 hours.
Meanwhile, Litecoin (LTC) broke through the resistance area of $ 120 and is also reducing its weekly losses. LTC rose almost 3% in one day, while it fell more than 3% in a week.
Dogecoin (DOGE) is still consolidating below the resistance area of $ 0.200 and is almost unchanged in one day. If the price settles above $ 0.200, the price may continue to rise. Either way, it’s one of the top performing major coins from the past week, as it rose almost 6%.
The price of XRP broke the main resistance of $ 0.600, which may help it accelerate towards the level of $ 0.620. XRP has erased all of its weekly losses and is now up almost 5% in one day.
Other altcoins market today
Several altcoins have gained over 5% including UNI, DOT, COMP, ETC and XTZ, while WAVES, SUSHI, TEL, XLM and AXS rally in double digits. AXS is again the top performing crypto asset among the Top 100 coins today, as it jumped 22% in one day and is trading near the $ 30 level. Meanwhile, RUNE and OMI are down more than 10%.