• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

ApeCoin Charts Monthly High, Bitcoin Calm Below $17K (Weekend Watch)

5 months ago
in Crypto Updates
Reading Time: 3 mins read
ApeCoin Charts Monthly High, Bitcoin Calm Below $17K (Weekend Watch)
17
VIEWS
Share on Facebook


Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday.

The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high.

Bitcoin Stalls Below $17K

2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the cryptocurrency began to increase in value on Monday.

The next few days were similar, with BTC adding a few hundred dollars. This culminated in a price jump toward $17,000, but bitcoin couldn’t challenge that line until early Saturday morning.

This is when the asset was finally able to tap that coveted level for the first time since December 20. However, the bears were quick to intercept the move and pushed BTC south almost immediately.

Bitcoin has remained inches away from $17,000 since then and has not made any big moves as the trading volumes have declined as with previous weekends.

Consequently, BTC’s market cap is just over $325 billion, while its dominance over the alts is at 39.6%.

BTCUSD. Source: TradingView

ApeCoin Marks Monthly High

The best performer in the past week or so has been Lido DAO (LDO), as the popular DeFi project began a battle with MakerDAO for the TVL throne. While the latter has taken back its first position as of now, LDO has skyrocketed by double digits within a week. The past 24 hours brought another 6% increase, leading to another multi-month high at over $1.6.

ApeCoin and Solana are two other notable gainers on a daily scale. Both are up by between 3-4%. APE jumped to its highest price position since December 13, while SOL has neared $14 once again.

The larger-cap alts are significantly less volatile. Despite a minor daily retracement, Ethereum is still north of $1,250, and Binance Coin is above $260.

OKB has lost the most ground from the top 15 assets, following a 1.3% daily decline. Nevertheless, the crypto market cap is still close to $825 billion.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto
SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.



Source link

Tags: 17KApeCoinBitcoincalmChartshighMonthlyWatchWeekend

Related Posts

SEC charges against Binance and Coinbase are terrible for DeFi
Crypto Updates

SEC charges against Binance and Coinbase are terrible for DeFi

10 June 2023
SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk
Crypto Updates

SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

8 June 2023
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies
Crypto Exchanges

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week
Altcoin

6 Meme Coins that reach 100x within a week

9 May 2023
Coinbase targeted by state security regulators concurrent to SEC lawsuit
Crypto Updates

Coinbase targeted by state security regulators concurrent to SEC lawsuit

6 June 2023
A Leap into the Future of Computing in the Metaverse
Crypto Updates

A Leap into the Future of Computing in the Metaverse

6 June 2023


  • Trending
  • Comments
  • Latest
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week

6 Meme Coins that reach 100x within a week

9 May 2023
Logic Error in Latest NFT Contract Costs ben.eth 100 ETH in Potential Profits

Logic Error in Latest NFT Contract Costs ben.eth 100 ETH in Potential Profits

2 June 2023
DOGE Questioned as a Security in Musk’s Class-Action Lawsuit

DOGE Questioned as a Security in Musk’s Class-Action Lawsuit

5 June 2023
Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry

Breaking Barriers: How Bitcoin Can Transform The Real Estate Industry

2 June 2023
Kraken Revolutionizes NFT Trading with Gas-Free Marketplace and 250+ Collections

Kraken Revolutionizes NFT Trading with Gas-Free Marketplace and 250+ Collections

10 June 2023
SEC charges against Binance and Coinbase are terrible for DeFi

SEC charges against Binance and Coinbase are terrible for DeFi

10 June 2023
SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

SEC Accuses Binance.US, CZ of Billion-Dollar Investor Fund Risk

8 June 2023
Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

Binance Wallets Decoded: Understanding Asset Movement of Cryptocurrencies

8 June 2023
6 Meme Coins that reach 100x within a week

6 Meme Coins that reach 100x within a week

9 May 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}