After the positive news of the past few days, the bitcoin exchange rate has once once more returned above the 21,000 dollar exchange rate and has been able to maintain this level for some time. But it applies to the entire crypto sector as a whole that there is a positive mood and performance lately, although not at such an outstanding level. Except for a few coins in the metaverse, which for example rose to the top performing cryptos on the 17th.
The coins of the metaverse are also rising steadily
All in all, despite the fact that the chance of an economic recession in a significant part of the world is increasing, the number one cryptocurrency was able to increase its price by 4,000 dollars in regarding a week. On the 16th, the exchange rate hit a 10-week high on several crypto exchanges. Since then, a drop of a few hundred dollars has occurred, but there is no real sign that the price of BTC will fall below 21 thousand dollars.. And as we wrote above, the entire crypto market was swept by the positive mood, on the 17th, for example, the GALA token rose by 12% in a single day. All of this happened despite the fact that problems have recently arisen around the Gala Games.
But the MANA and SAND coins also performed exceptionally well, both of which produced an increase of over 7% in 24 hours. These are outstanding upward movements, as most altcoins in general have achieved a 1% increase in price. Polkadot also stands out a bit because this coin produced a 4% price increase. Thus, according to several analyst sites, the market capitalization of the crypto market exceeded 1 trillion dollars. And finally, let’s mention Binance Coin, which is worth just over $300 right now. After a small increase in the exchange rate following the completion of the 22nd coin burn.
At the time of writing, bitcoin was trading at $21,152.
