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Stacks (STX) Skyrockets by 7% in a Day While Bitcoin (BTC) Reclaims $28K

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Bitcoin’s price has climbed back above $28,000

Bitcoin’s price has climbed back above $28,000 after a recent dip, and altcoins are also slightly in the green. The most significant increase has been in Stacks (STX), which has soared by 7% in a day.

Last week, Bitcoin experienced massive volatility that brought it south by over a grand, but it recovered slightly and traded calmly in the following days.

Bitcoin spiked to just under $29,000 on Wednesday, but bears intercepted the move and pushed the asset south. However, BTC returned to around $28,000 and spent most of the next several days around that line.

Ethereum is up by 1.5% on the day and trades at $1,860, while Binance Coin (BNB) sits above $310. Ripple, Cardano, Dogecoin, MATIC, Solana, Polkadot, Litecoin, Shiba Inu, Tron, and Avalanche have all posted minor gains.

STX’s native token has gained the most with a substantial 7% increase. The total crypto market cap has erased yesterday’s losses and stands at $1.185 trillion once again.

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