Hey BTC enthusiasts! ๐ Bitcoin's price has been on a wild ride in the past 24 hours, with moves of up to $1,000! ๐ข While most altcoins are slightly in the green today, BTC's dominance has continued to increase, nearing 50%. ๐
The business week started strong for Bitcoin, skyrocketing by $1,500 in just a day and a half, reaching a 6-week peak at over $28,500. ๐ฒ However, the enthusiasm didn't last long, and BTC quickly lost momentum, returning to just over $27,000. ๐
Bitcoin tried to surge past $28,000 several times but was ultimately stopped. The latest attempt came earlier today when it spiked to $28,350 after a price drop to $27,200. ๐ Currently, it sits just around the coveted $28,000 line, with a market cap of $546 billion and a dominance of 49.8%. ๐ช
Most altcoins faced similar volatility but sit slightly in the green now. Ethereum, Binance Coin, Ripple, Dogecoin, and Bitcoin Cash have jumped by under 1%. ๐ฑ More gains come from Solana, Tron, Polkadot, and Litecoin โ all up by around 1-2%. ๐ฟ MATIC is today's top performer, adding 4.5% of value and sitting just below $0.6. ๐
With most lower- and mid-cap alts trading slightly in the green, the total crypto market cap has increased by about $10 billion, sitting close to $1.1 trillion. ๐ฐ Keep an eye on the market, and let's see where Bitcoin takes us next! ๐