📉 Bitcoin (BTC) plummeted below $61,000 for the first time in over 2 weeks, but is now showing positive signs of recovery.
🟢 Although most altcoins dropped sharply in price, some coins such as ARB and STX increased significantly.
🎢 BTC experiences ups and downs: 1 week ago, BTC continuously set new peaks, reaching the current peak of $73,800. However, on Friday, the price dropped to $66,000 and did not successfully recover over the weekend. By Tuesday, BTC prices continued to fall below $61,000.
🔙BTC has recovered around $2,000 since this morning's low. However, still down 14% on the week, the proportion of BTC compared to altcoins dropped below 50%.
🔄 Altcoins also dropped sharply: Ethereum dropped from over $4,000 to below $3,200. Solana surpasses BNB to become the fourth largest cryptocurrency, price down 3% to $170. BNB increased 3% to $525. Avalanche fell the hardest among the majors, falling another 7%, while TON rose 6%, and STX, ARB and OP posted double-digit price increases.
💹 Total cryptocurrency market capitalization decreased slightly, below $2.5 trillion.