Stacks

Bitcoin

when

<a href="https://optimisus.com/market/market-news/stacks-stx-skyrockets-by-7-in-a-day-while-bitcoin-btc-reclaims-28k/" rel="noopener noreferrer nofollow">Stacks (STX) </a>is the crypto that has gained the most out of the top 100. The price increase coincides with a 22-month high in the global crypto market capitalization.  
As of this writing, STX is trading at $2.67, up 27% over the last 24 hours. Earlier today, the asset briefly reached a 26-month high of $2.8, a price last seen in December 2021.  
After the price increase, STX became the 29th-largest crypto when its market cap surpassed the $3.8 billion threshold.  
The increase occurs as the value of the entire crypto market exceeds $2 trillion, with Bitcoin (BTC), the most popular coin, approaching $52,000.  
Santiment's data shows that as of this writing, Stacks' total open interest (OI) had increased from $55 million on February 4 to $118 million. Interestingly, the asset's overall OI increased by $18 million just the previous day.  
Trades are positioned for more bullish momentum as STX prices begin to rise. According to Santiment, STX's overall funding rate across all exchanges is 0.02% at the moment. 
The post <a href="https://optimisus.com/news/crypto-news/stacks-stx-token-surges-by-over-30-in-the-past-24-hours-reaching-22-month-high/" rel="noopener noreferrer nofollow">Stacks (STX)&nbsp;token surges by over 30% in the past 24 hours, reaching 22-month high</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

Stacks (STX) token surges by over 30% in the past 24 hours, reaching 22-month high

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