📉 Although the Bitcoin (BTC) price dropped by a few hundred dollars in the last 24 hours, it recovered its losses and moved towards $ 28,000. At the same time, most alternative cryptocurrencies are declining again, while ETH has fallen below $1,600.
🚀 BTC could not exceed the $ 28,000 level at the end of the last business week and fell to $ 27,200 (Bitstamp) on Friday. However, the bulls quickly emerged and did not allow further declines.
🔍 The cryptocurrency began to compensate for its loss of value and rose above $28,000 again on Saturday. The same scenario happened again and BTC could not pass this level definitively and returned slightly below.
💹 While BTC's market value continues to remain around $540 billion, its dominance over alternative cryptocurrencies is increasing again. This rate has increased by about 1% in the last week, reaching over 50% on CoinMarketCap, the highest level in months.
🔴 While alternative cryptocurrencies experienced small declines yesterday, there were more losses today. ETH, the largest altcoin, traded just below $1,600, down more than 1%. Ripple, Solana, Cardano, Dogecoin, Tron, Toncoin, Polygon and Polkadot decreased by up to 3% daily.
✅ ATOM and Tezos were among the few cryptocurrencies that rose in one day, increasing by 4.5% and 7% respectively.
📊 Despite this, the total cryptocurrency market cap dropped by several billion daily, falling to $1,080 trillion.
🚀 BTC could not exceed the $ 28,000 level at the end of the last business week and fell to $ 27,200 (Bitstamp) on Friday. However, the bulls quickly emerged and did not allow further declines.
🔍 The cryptocurrency began to compensate for its loss of value and rose above $28,000 again on Saturday. The same scenario happened again and BTC could not pass this level definitively and returned slightly below.
💹 While BTC's market value continues to remain around $540 billion, its dominance over alternative cryptocurrencies is increasing again. This rate has increased by about 1% in the last week, reaching over 50% on CoinMarketCap, the highest level in months.
🔴 While alternative cryptocurrencies experienced small declines yesterday, there were more losses today. ETH, the largest altcoin, traded just below $1,600, down more than 1%. Ripple, Solana, Cardano, Dogecoin, Tron, Toncoin, Polygon and Polkadot decreased by up to 3% daily.
✅ ATOM and Tezos were among the few cryptocurrencies that rose in one day, increasing by 4.5% and 7% respectively.
📊 Despite this, the total cryptocurrency market cap dropped by several billion daily, falling to $1,080 trillion.