Over the past 24 hours, volatility has continued to play high in the crypto market. Bitcoin in this time frame has failed to produce any significant gain while crypto.com is the coin of the day. It’s sharp rise has seen it race to a new all-time-high price.

Bitcoin in that time frame has calmed around $57,000 while most alts are slightly in the green, while CryptoCom’s token has marked yet another all-time high after a double-digit price surge.

Bitcoin stagnates at $56,000

The number one crypto coin been on a volatile roller-coaster in the past several days. After a $7,000 drop last week, BTC had dumped to a monthly low beneath $56,000 before it went on the offensive and touched $60,000 during the weekend.

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At the beginning of the week on Monday, the bears pushed Bitcoin down again to around $57,000. The bulls intercepted the move and drove the asset north to over $59,000, but this spike was short-lived.

It plunged after and lost over $3,000 to a daily low of $55,750. More recovery attempts followed, but they saw little-to-no success. As of now, BTC has stalled below $57,000, and its market cap is well beneath $1.1 trillion (CoinGecko).
The dominance over the altcoins also suffered severely as its down by 3% in two weeks.

Crypto.com leads charge in Altcoin market

Over the past 24 hours, crypto.com has been the altcoin of the moment. It surged on news of massive partnerships and strategic developments. CRO has skyrocketed from $0.2 to a new all-time high of $0.94 in less than a month.

CRO is up 25% in the past 24 hours. It’s currently the 12th-largest digital asset with a market cap of nearly $24 billion.

Other gaming tokens also have been on the run lately, and The Sandbox proves this narrative now. On a daily scale, SAND has skyrocketed by 32% to a record of its own at above $7.
More double-digit agins come from Zcash (26%), BORA (22%), Enjin Coin (20%), Audius (19%), XDC Network (19%), Polygon (14%), Immutable X (13%), and Harmony (11%).

Crypto heatmap over the past 24 hours, Source; Coin360

With top altcoins, there has been a very little surge over the past 24 hours. Ethereum is 5% up on the day and sits above $4,300. Binance Coin has neared $600 after a 4.5% jump. Solana, Ripple, Polkadot, Dogecoin, and Terra see gains of around 2-3%.
In contrast, Cardano (-4%), Avalanche (-6%), and Shiba Inu (-7%) have lost the most in a day.