Market News

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

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.


Nola Robert is considered a thought leader in crypto industry, and her work is widely read and respected by industry professionals, investors, and enthusiasts alike. Nola is also known for her ability to explain complex topics in an easy-to-understand manner, making them accessible to a wider audience.