After a few days of exploring higher grounds, bitcoin reversed its trajectory yesterday and dipped towards $20,000. Most altcoins are also in the red today, with SOL, DOGE, SHIB, AVAX, and others charting daily declines. Tezos, on the other hand, has defied the market sentiment.Following the mid-month massacre, in which bitcoin slumped by over $12,000 to an 18-month low of $17,500 last Sunday, the past week was more positive for the asset as it recovered over $4,000.
Then came the weekend in which BTC remained relatively calm and stood firm at around $21,000. In fact, it even spiked to aIn the following hours, the cryptocurrency started to lose value gradually and eventually found itself dropping below $21,000. The daily low came at around $20,500, but the community’s fears that it will plunge towards $20,000 didn’t come to life.
Just the opposite, bitcoin bounced off and is currently sitting close to $21,000. Nevertheless, its market cap has slipped below $400 billion while the dominance over the alts sits tight at 42.5%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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