Bitcoin Stagnant Above $29K as RLB Skyrockets to $0.2: Market Watch Update


The cryptocurrency market is experiencing a notable shift in the past few days. Despite Bitcoin’s lack of progress, one coin from an online crypto casino is making waves in the industry.

A Closer Look at Bitcoin

The past 24 hours saw no signs of volatility or any significant movement in Bitcoin’s price, which has been stuck in a tight range of around $29K, except for a failed attempt to break $30K.

The same can be said for the rest of the market. A few altcoins are exceptions to the rule, however.

RollBit Coin (RLB) Reigns Supreme

RollBit Coin (RLB) is dominating the headlines recently, with its native cryptocurrency becoming popular due to the crypto casino RollBit. Influencers have been actively promoting the platform, and a recent plan to burn a portion of RLB has created a wave of hype that drove its price higher.

Altcoins Remain Mostly Stagnant

Apart from Shiba Inu (SHIB), which is up 4% in the past 24 hours, the majority of major altcoins have failed to produce any considerable gains, as seen in the cryptocurrency heatmap from Quantify Crypto.

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Cryptocurrency charts provided by TradingView.

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