Weekend Watch: DOGE Jumps 5% as BTC Eyes $45K

By | March 27, 2022


As the weekend came, bitcoin calmed and has remained just under $45,000. Most altcoins are in a similar position with slight daily increases. The most substantial gainers are Dogecoin and Cronos (CRO).

Bitcoin Eyes $45K Again

The BTC landscape was quite different last Sunday. The asset was gradually declining in value and was close to breaking below $40,000 for the first time in a week.

However, a lot can change in the crypto markets in seven days. Bitcoin initiated an impressive leg up instead of dropping below $40,000 and jumped to $43,000 to mark a three-week high at the time.

It retraced slightly before going back on the offensive, and this time it tapped $44,000. As CryptoPotato reported on Friday, BTC even jumped and briefly exceeded $45,000 for the first time since early March.

The cryptocurrency stalled below that level yesterday and currently sits there as well – just under $45,000. This means that BTC is up by almost 8% in the past week, and its market capitalization stands at $850 billion.

BTCUSD. Source: TradingView

DOGE and CRO Lead the Way

The altcoins are also quite calm on a daily scale. Ethereum reclaimed the $3,000 level this week and hasn’t looked back ever since. After a minor retracement yesterday, the second-largest crypto is now slightly in the green and stands well above $3,100. It’s also up by around 8% in the past week or so.

Binance Coin is close to $420 after an increase of around 1%. Ripple, Cardano, Solana, Terra, Polkadot, Avalanche, and Shiba Inu are all up by a similar percentage.

The most significant gainers from the larger-cap altcoins are Dogecoin and Cronos. Both assets are up by around 5%. Consequently, DOGE sits at $0.14, while CRO is above $0.45.

Yet, Zilliqa has stolen the show as ZIL has soared by over 60%, according to CoinGecko, and sits close to $0.1.

More gains come from Convex Finance (20%), VeChain (14%), and ApeCoin (9%). The crypto market cap has remained slightly above $2 trillion.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto
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Cryptocurrency charts by TradingView.



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