- BTC and SOL saw their prices rise by over 3%, while MATIC managed a more modest 1.13% rise in its price.
- Along with its price, BTC’s dominance rose by about 0.45% throughout the past 24 hours.
- SOL’s 3+% price climb also allowed it to outperform its biggest competitor, ADA.
The past 24 hours have been kind to some of the big-name cryptocurrencies like Bitcoin (BTC), Solana (SOL) and Polygon (MATIC). Both BTC and SOL saw their prices climb by more than 3%, while MATIC experienced a more modest 1+% price rise.
These tokens saw their prices climb along with the global market capitalization. At press time, CoinMarketCap indicated that the total market cap stood at around $1.08 trillion after it managed a 2.59% move up heading into the new week.
BTC’s price was able to rise by 3.47% throughout the past day of trading. As a result, BTC was worth about $27,841.21 after it set a 24-hour peak price of $27,968.93. The market leader also saw its intraday volume surge by more than 150%, which left it standing at $12.67 billion.
Along with its price rise, BTC’s dominance also jumped by 0.45% since yesterday. Meanwhile, the cryptocurrency king’s weekly performance was in the green by 0.19%.
Of all the top 10 largest cryptocurrencies, SOL turned the most heads with its price increase of 3.74%. This meant that the Ethereum killer was worth about $22.77 at press time. SOL also maintained its competitive edge over its biggest competitor, Cardano (ADA), as its price only managed to climb by 1.78% over the past 24 hours of trading.
SOL’s market capitalization of $9,473,451,626 also ranked it higher than ADA with its market cap of $8,883,854,645. However, SOL’s price will still have to climb by 0.72% to get back into the green zone on its weekly time frame.
Although MATIC’s price slipped by over 4% in the past seven days, the token has started recovering some of its losses after its price rose by 1.13% in the past day of trading. The altcoin was changing hands at $0.524 at press time, which was right below its 24-hour peak price of $0.5135.
MATIC’s latest price success also allowed it to strengthen its position against BTC by about 1.14%. Meanwhile, its market cap of $4,873,659,000 ranked MATIC as the 13th largest token, placing it just above Polkadot (DOT) in the 14th spot.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
