• The start of the year brought some minor positivity to the BTC bulls as the asset overcame $16,500 and added a few hundred dollars in the first few days.
• After weeks and weeks of failing under $17,000, bitcoin finally initiated an impressive leg up that took it well beyond that line.
• Cardano and Solana have taken the main stage as they have posted notable gains on a daily scale, followed by ApeCoin, and ATOM.
As the new year began, the cryptocurrency market was filled with positivity as Bitcoin (BTC) was able to overcome the $16,500 barrier, adding a few hundred dollars in the first few days of 2021. After weeks and weeks of struggling to stay above the $17,000 mark, Bitcoin finally initiated an impressive leg up that took it well beyond that point.
The alternative coins, such as Cardano (ADA) and Solana, have also been performing quite well on a daily scale, with Cardano skyrocketing 17%. ApeCoin and ATOM have also posted notable gains as the crypto market continues to flourish.
Cardano and Solana, in particular, have taken the main stage as the two coins have seen tremendous growth in the past few days. Cardano’s price has been steadily increasing since the beginning of the year, and it has now reached a high of $0.31, the highest it has been since October 2020.
Meanwhile, Solana has seen an even more impressive rise, with its price nearly doubling in the past week. The coin has seen a surge of interest in the past few days and has become more widely accepted in the cryptocurrency community. It is now trading at $14.12, a major increase from its price of $7.50 just a few days ago.
ApeCoin and ATOM have also seen impressive gains in their respective markets. ApeCoin has seen a steady increase in its price over the past few days, with it now trading at $3.60. ATOM, on the other hand, has seen a more dramatic rise in price, more than doubling in the past week and now trading at $7.45.
Overall, the cryptocurrency market has been quite bullish in the past few days, with Bitcoin’s price breaking the $17,000 barrier and the alternative coins seeing massive gains. Cardano and Solana, in particular, have taken center stage as they have posted notable gains on a daily scale, followed by ApeCoin and ATOM. It remains to be seen if this trend will continue, but it is quite clear that the crypto market is in a good place right now.Categories: Allgemein