News Flash: Bitcoin (BTC) slips from its peak, dropping below $70,000 and even below $69,000 in the last 24 hours. Altcoins also experienced a decline, including BCH, DOT, DOGE, ICP, RNDR, WIF, and APT. 📉

However, don't rush to despair! BTC briefly dipped to $64,500 last week, but bulls managed to push back to hit a $5,000 spike on Thursday. Despite failing to break the $70,000 level on Sunday, BTC managed to do so on Monday.

Unfortunately, the rally ended with BTC falling slowly since yesterday. Currently, BTC is trading around $69,000 with a market cap down to $1.360 trillion and dominance over altcoins at just over 50%.

Meanwhile, most of the other large-cap altcoins are in the red today, except for BNB, TON, and XRP which are up between 1-3%. ETH fell 2.5%, SOL fell 1.5%, similar to AVAX and SHIB. The most significant declines came from WIF (-11%), APT (-11%), RNDR (-6.5%), ICP (-6.5%), STX (-5%), and NEAR (-5.3%).

As a result, the cumulative market capitalization of all crypto assets has plunged by more than $40 billion in a day and more than $80 billion since Monday's peak.

What do you think about current market trends? Come on, discuss it in the comments column! 😄