After the umpteenth, optimistic Bitcoin forecasts for 2022, let’s go back to analyzing the main movements of the day, characterized by a substantial generalized declineled, as always, by BTC.
A sudden drop of more than 5% in value, a momentum, a run-up that paved the way for overcoming another resistance. Now, in fact, after a daily low of 43,175 dollars, BTC is trading well over 45,100 dollars, with a capitalization exceeding $ 853 billion and a 24-hour trading volume of 27.6 billion.
Same fate for Ethereum. ETH, in fact, is trading at $ 3205 with an almost total recovery after the afternoon collapse that took place on February 10, 2022. BNB, Cardano and Ripple follow in the same footsteps, with the latter consolidating its advantage over ADA after a double jump in position, which took place on February 8 . In fact, during the last moderate decline in the crypto market, a bucking XRP managed, in one fell swoop, to outperform both Cardano and Solana by capitalization.
Binance’s token, BNB, recovers and grows, with a single token value of $ 426.47 and a capitalization of 70.2 billion. Ripple, on the other hand, is trading at $ 0.86, with a capitalization of $ 41.4 billion. Breath on my neck anyway with ADA standing at $ 1.20 for $ 40.1 billion. Finally, SOL loses meters, remaining stable at its 112.18 dollars and a Market Cap of 35.5 billion.
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