Bitcoin continues to show little movement, remaining at just above $29,000. This stagnant performance is also seen in other altcoins such as ETH, BNB, and XRP. However, one exception to this trend is Shiba Inu (SHIB), which has been performing well lately, gaining double digits in the past week. In the past 24 hours, SHIB has increased by another 8% and is now trading close to $0.000011.
Apart from Shiba Inu, ApeCoin (APE) and Pepe have also experienced similar daily gains of 7-8%. APE has reached $2, while PEPE is up to $0.000001333 according to CMC. On the other hand, larger-cap altcoins like ETH, DOGE, and TRX have seen slight gains, while BNB, XRP, ADA, and MATIC have posted insignificant losses. Overall, the cumulative market cap of all crypto assets remains just over $1.170 trillion.
Bitcoin, the primary cryptocurrency, had a volatile start to the week, dipping below $29,000 and then bouncing back to over $30,000. However, it quickly retraced to $29,500 and has been stagnant within a range of $29,000 and $29,500 for the past 48 hours. Its market capitalization stands just above $570 billion, with a dominance below 49% on CMC. The US CPI numbers on Thursday had minimal impact on Bitcoin’s price.
Keywords: Bitcoin, altcoins, Shiba Inu, SHIB, ApeCoin, APE, Pepe, ETH, BNB, XRP, cryptocurrency, market cap.
Hashtags: #Bitcoin #altcoins #ShibaInu #SHIB #ApeCoin #APE #Pepe #cryptocurrency
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