AVAX Could Replace DOGE As Top 10 While BTC Eyes $60K Again

AVAX could replace DOGE as the top 10^th cryptocurrency while Bitcoin is eying the $60K price range and other altcoins stand still so let’s read more in today’s altcoin news today.

Avalanche has gone on a tear by registering another new all-time high. Bitcoin continues the recovery attempts by reaching $59,000 while most of the altcoins remained stagnant. Avalanche is the biggest gainer once again and AVAX could replace DOGE as the 10^th biggest coin in terms of market cap. Most altcoins dropped in value in the past week and tried to bounce off a day ago. ETH went below $4000 for the first time in one month after registering an all-time high of $4900 but ETH is well above $4300.

On a 24-hour scale, bigger cap altcoins stalled and Solana, Cardano, Binance Coin, and Ripple all were in the red while Terra was around 0.3% up. Shiba Inu lost the mot value of about 6% and now sits at $0.000046 but Avalanche and Crypto.com’s token gained the most. AVAX is the best performer in the past few days and continued to register a lot of new highs. The latest one came at 138 and AVAX got closer to surpassing DOGE as the 10^th biggest crypto by market cap. CRO surged by 12% In one day and now trades above $0.62 thanks to the amazing partnerships announced by the exchange in the past month.

CRO surged by 12% in one day and now trades above $0.62 which came after an impressive partnership announcement by the exchange in the past month. More gains came from Gala by 33%, Arweave by 15%, Elrond by 10%, and Harmony by 13%. the crypto market cap increased by around $50 billion in one day and neared $2.8 trillion on CoinGEcko. BTC was losing the value for a few days but it then painted its latest ATH at $69,000 before the bears pushed it south and ended with a drop to $56,000. this became the lowest point in over a month. However, the crypto market reacted well to the dip and it then bounced off adding another $3000. After reclaiming this level, it continued rising to $60,000 a few hours ago. It retraced slightly and now stands around $59,000 with a market cap surpassing the one of $1.1 trillion once again but its dominance declined to over 42%.