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NIGHT is today’s top performer.
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Summarize with AI
Summarize with AI
Bitcoin’s relatively still weekend moves continued in the past 24 hours as the asset managed to climb by just a grand to $89,000, where it faced immediate resistance.
Most larger-cap altcoins are quite sluggish on a daily scale, which is to be expected on a Sunday. UNI, CC, NIGHT, and ICP have emerged as the biggest gainers today.
BTC Tapped $89K
The past week was anticipated to be a volatile one, and it was. It all began on Monday afternoon when BTC plunged from $90,000 to under $86,000 within just a few hours. After a minor rebound to $88,000, the asset went on the offensive on Wednesday and shot up to $90,400.
However, that was another fake-out as the bears immediately regained control and pushed it south to under $85,500. Then came Thursday, and the release of the US CPI data for November was much better than expected. BTC surged to $89,500, but the rejection scenario repeated.
This time, the subsequent retracement drove the cryptocurrency to a multi-month low of $84,500. Nevertheless, another relief rally followed, and BTC spiked to $89,500 on Friday. Even though it was stopped there, it has remained mostly above $88,000 and briefly tapped $89,000 earlier today.
Its market cap has neared $1.770 trillion, while its dominance over the alts is well above 57%.
BTCUSD Dec 21. Source: TradingViewUNI on the Run
As mentioned above, most larger-cap alts have been quite calm over the past day. ETH has neared $3,000, BNB is close to $860, while XRP remains above $1.90. SOL, ADA, BCH, LINK, ZEC, and DOGE are slightly in the red, while XMR and TRX are up by 2-3%.
NIGHT has jumped the most from the top 100 altcoins, surging by over 30% to $0.09. UNI follows suit, with a 10% pump that has pushed it to $6.30. CC, QNT, and ICP have marked impressive gains as well.
The total crypto market cap has added another $20 billion overnight and is close to $3.1 trillion on CG.
Cryptocurrency Market Overview Daily Dec 21. Source: QuantifyCryptoSECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
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.
Source: https://cryptopotato.com/uni-skyrockets-by-double-digits-btc-price-eyes-89k-weekend-watch/

