The top cryptocurrency Bitcoin and many other greater-cap altcoins have witnessed a relatively sluggish price movement during this weekend. In the meantime, the rest of the crypto tokens such as DOT, AVAX, and SOL have made considerable progress as they have kept on rising. The price of Avalanche has shown a remarkable surge as it rose by up to 30% overnight.
Solana Spikes by Forty-Five Percent Weekly and Bitcoin Sustains Its $37k Spot
The weekend can see a huge change within the crypto industry within a week. The respective scenario has taken place this week. On Tuesday, the leading digital asset (BTC) plunged to the figure of nearly $34,500. It saw this development following failing to overwhelm the value of up to $35,500 despite several efforts.
Nonetheless, the bulls came to the front at this time and surpassed the top crypto token BTC. A couple of days later, Bitcoin spiked to $38,000 for the initial time in a whole 1.5-year period. But, within a couple of hours, it witnessed a violent rejection. This was all as it again bounced back and reached the high price of almost $37,500 yesterday.
Since that time, it has remained ineffective in maintaining its progress. However, it is still trading above the spot of $37,000. Solana’s local token SOL has been among the prominent performers. The recent twenty-four hours have just strengthened its position. The crypto token has climbed by a further ten percent. In terms of weekly progress, the token is nearly forty percent up.
The Token Trades Closer to Its Multi-Month Peak at $60
Along with that, it is trading close to its multi-month peak level at nearly $60. The price performance of AVAX has elevated by thirty percent and it presently trades at $18. RUNE, Near, Aptos, Polkadot, and Chainlink have also recorded remarkable profits.
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