🚀 Bitcoin increased sharply in price over the past week but stopped at $28,500, down more than $1,000 in the past 12 hours.

📉 Other cryptocurrencies were also affected, in which PEPE doubled.

- Bitcoin has been trading steadily over the past few days, starting on July 28, when it reached $27,000. At the end of the week, prices continued to fluctuate around this level.
- However, on Monday morning, the price began to increase sharply, surpassing the $28,000 mark for the first time in several weeks and reaching a peak of $28,600.
- However, Bitcoin could not maintain its upward momentum and dropped in price quickly, falling below 27,400 USD.
- Despite a partial recovery, Bitcoin price is still down about 3% compared to yesterday. The market decreased by more than 15 billion USD, down to less than 540 billion USD.

Other cryptocurrencies are also affected:

- Ethereum dropped nearly 5%, falling below 1,700 USD.
- Binance Coin, Ripple, Dogecoin, Tron, Toncoin, Polkadot and Litecoin also dropped sharply.
- SOL, ADA and BCH decreased slightly.
- PEPE fell the most among the top 100 cryptocurrencies, down 11% on the day.

Total cryptocurrency market capitalization decreased, falling below $1.1 trillion.