Bitcoin (BTC) appears to be still failing to break the $ 33,000 level, with a trading record at $ 32,697, showing a decline of around 9% over the past week.
Based on observations, BTC is still trading between $ 30,987, the lowest value with $ 33,088, the highest value in 24 hours.
Analysts remain optimistic with BTC despite concerns that the crypto king will fall below $ 32,000, meaning the price of the crypto is in crisis.
At the same time, most cryptocurrencies with low market capitalization jumped almost 30% in 24 hours.
Ethereum (ETH) for example recorded a 15% jump to $ 1,426 before setting a record high all-time high (ATH), $ 1,454 earlier this morning. ETH's market capitalization has also increased to over $ 163 billion.
Uniswap (UNI) recorded an increase of 28.4% to $ 12.53, bringing its market capitalization to $ 3.5 billion and Aave (AAVE) jumped 27.7% to $ 267 with market capitalization surpassing $ 3 billion.
SushiSwap (SUSHI) rose to $ 9 with a 24.4% jump, making market capitalization worth $ 1.1 billion and XRP, Cardano (ADA), Litecoin (LTC), and Chainlink (LINK) increased by around 4% -6%.
At the time of writing, total market capitalization was valued at $ 981 billion, up 4.09% in 24 hours.
