-XLM is the best performing of the major cryptocurrencies. Bitcoin's inability to break the coveted $100,000 mark on Friday and Saturday led to a slight drop in price to $98,
00 at the moment.some #altcoins such as #XRP and #DOGE have also fallen in recent days, while other altcoins such as TON, DOT and #XLM have seen double-digit gains.
In the beginning of the working week, BTC was trading at around $9,90000, but soon started gaining momentum and by midweek surpassed the previous all-time high of $93,800. This happened amid an increase in net inflows into Etf bitcoin spot funds in the United States.
the cryptocurrencies growth continued the next day and reached its peak on Friday. At that time, the asset was a few centimeters away from the $100,000 mark, but on most exchanges it stopped at $BTC Thus, for the first time in history, it did not reach this mark, but the community expected and predicted it. Since then, BTC has given up a bit of ground, retreating from around $2,000 to $BTC however, it has gained 7.2% in a week, and its market value stands at $1.940 trillion per kilogram. However, its dominance over altcoins has dropped to 55.5%, sparking rumors of a possible altcoin trading season.
Many major altcoins, such as ADA, XRP and DOGE, posted notable gains yesterday but are down heavily today. ADA fell 3% to under 1.05 yen, XRP fell more than 6% to under 1.45 yen, and DOGE fell 7.5% to 00.43 yen.
contrast, TON and DOT rose 11% and 17%, respectively, to 66.25 and 88.9. But XLM regained the upper hand, rising 29%. Over the past 1 month, Stellar's native token has risen over 480% and is currently trading at 0-0.56.
Read us at: Compass Investments
