Cardano and Solana charted the most impressive gains from the larger-cap alts, while bitcoin failed at breaching $30,000.
While most of the larger-cap alts are slightly in the red, DOT has jumped by 7%. Bitcoin trades close to $30,000.
While BTC, ETH, BNB, and most other altcoins have stalled since yesterday, DOT and TRX have marked some gains.
This week saw the demise of the Terra ecosystem as UST lost its peg and LUNA collapsed to virtually zero. The entire market is down some $500 billion.
Aside from Terra (another 99% daily dump), the rest of the crypto market has turned green today, led by ADA, AVAX, and DOT.
The past 24 hours brought more pain to the crypto market, with bitcoin plummeting to new lows and the altcoins suffering even more.
The crypto market cap is down to levels last since July 2021, while bitcoin continues to fight for $30,000.
Terra continues to freefall as LUNA plummeted by more than 40% in the past 24 hours alone. Bitcoin dipped below $30K for the first time in almost a year.
Bitcoin charted its lowest daily close since the summer of 2021. Most of the altcoins continue to suffer even more with massive price drops.
The crypto market is once again covered in red, with bitcoin dropping to a multi-month low.