After surging above $41,000, bitcoin maintained its momentum and remained above this level. Altcoins, which scored strong gains yesterday, are now at a standstill. Axie Infinity is one of the few exceptions after a massive double-digit increase.
Bitcoin Maintains $41K
It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading around $38,000 on Friday.
This is where the landscape changed, however. BTC launched an impressive advance in the following hours and broke above $40,000 for the first time in weeks.
Moreover, bitcoin even reclaimed $41,000 and neared $42,000. As of now, the asset stands just shy of that level, and its market capitalization is close to $800 billion once more.
Alts Stall: AXS soars in double digits
Alternative coins kicked off yesterday with massive double-digit gains from almost all of them. Now, however, the majority has calmed down.
Ethereum stands above $3,000 for the first time in weeks, as well, even with a minor decrease since yesterday.
Lighter declines come from Binance Coin, Cardano, Solana, Ripple, Polkadot, Terra, Dogecoin, Avalanche, and Shiba Inu.
In contrast, CRO is up by another 3%, while Litecoin has surged by 8% and stands above $125.
Axie Infinity is among the most impressive performers with a 15% increase. Therefore, AXS is trading well above $60. Gala (20%) and Theta Fuel (10%) are also well in the green.
Somewhat expectedly, the crypto market cap has remained relatively calm, around $1.9 trillion.
