Bitcoin’s rollercoaster of around $23,000 and $24,000 continues, as the asset bounced off the former to tap the latter once again in the past 24 hours.
The hype around the Ordinals NFT, based on Bitcoin, turned Stacks, due to its relationship with the Gamma marketplace, into one of the best performers for the past few weeks. This trend was only solidified in the last 24 hours, as STX soared by another 16% and even exceeded $1 earlier today to register its highest price tag since the end of April 2022.
The total crypto market cap has added $20 billion daily but still sits just under $1.1 trillion on CMC.
(By Jordan Lyanchev)
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