Cardano has gained the most from the large cap alts, while BNB, DOGE, SOL, and others sit calm.
The weekend comes with little-to-no substantial movements from the crypto market, with bitcoin sitting once again below $23,000. Most altcoins are also calm, with ADA being among the few exceptions following a 5% daily increase.The past seven days went quite well for the primary cryptocurrency. The asset had recovered from the previous week’s drop below $19,000 and entered Monday at around $22,000.
The bulls kept control over the market and pushed BTC even further north. This culminated in a price surge to just over $24,000 on Wednesday. That became bitcoin’s highest price tag in over a month.the majority of its BTC holdings in Q2 due to the COVID-19 lockdowns in China. Bitcoin reacted quickly and dipped by over $2,000 in hours.most of yesterday’s trading day and sits there now as well. As such, its market cap is still way below $450 billion, and its dominance over the alts is at 41.6%.
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