A strong performer today is Cosmos ( ATOM), which is up 18%. ChainLink ( LINK), on the other hand, is hovering around $13.50 after an incredible weekend of gains.
The total cryptocurrency market capitalization rose 2.6% to above $370 billion. Meanwhile, Bitcoin’s dominance remained below 60%, as per data from CoinGecko.
Top gainers and losers
With Bitcoin once again testing the $12,000 high, small-capitalization altcoins are shining. Two alticoins have risen over 30% in the last 24 hours — Polkadot ( DOT) and Nebulas ( NAS). Linkeye (LET) also realized a 29.47% daily return.
The non-fungible token sector saw strong momentum last week. However, the rapid rallies left some of these altcoins facing short-term pullbacks. Decentraland ( MANA) made a -9.95% correction over the last 24 hours — though it gained 140% over the past two weeks.
BTC technical analysis
Technically, the MA60 on the 4-hour chart effectively supported the price of BTC. An intraday threshold is still located around $11,730 with an upper resistance near the previous high of $12,150.
If BTC can break through the previous high, then $12,500 to $12,800 could be the next resistance area.
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