News Formal

BTC Dips Below $28K, While LDO, BCH Defy Market Sentiment With 7% Jumps (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Lido DAO (LDO) and Bitcoin Cash (BCH) are the two exceptions from the top 50 altcoins with notable gains.

Bitcoin’s troubles continued for a third straight day, with another price slide, which took it to almost $27,000 this time.

Most altcoins also suffer, with MATIC, SOL, DOGE, and LTC dropping the most. In contrast, LDO and BCH have gone on a tear.It was just days ago when the primary cryptocurrency had initiated an impressive leg-up that drove it to almost $30,000. However, itsThe bears took control of the market and pushed BTC south to under $29,000. After staying there on Sunday, the landscape started to change for the worse on Monday. As a result, the assetThe past 24 hours brought even more pain for the bulls.

Even more losses come from the likes of XRP, DOGE, MATIC, SOL, and LTC. All of those are down by up to 5% in a day. In contrast, stand Bitcoin Cash and Lido DAO. Both assets have jumped by approximately 7%. As a result, BCH trades at $120, while LDO is above $1.8. The total crypto market cap, though, has declined once again. The metric, which was over $1.2 trillion days ago, is now at $1.140 trillion on CMC.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PacWest pares gains after dividend cut fails to stem market fearsPacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional banking stocks, as the Los Angeles-based lender's decision to slash its quarterly dividend failed to stem worries about its financial stability.
Source: Reuters - 🏆 2. / 97 Read more »

PacWest shares pare gains after dividend cut fails to stem market fearsPacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional banking stocks, as the Los Angeles-based lender's decision to slash its quarterly dividend failed to stem worries about its financial stability.
Source: Reuters - 🏆 2. / 97 Read more »

$120 Million Liquidations Hit Crypto Market as Meme Coin Madness Calms DownMeme coins cannot hold the crypto market forever, as liquidations hit investors again
Source: Utoday_en - 🏆 295. / 63 Read more »

Pepe (PEPE) Regains $1 Billion Market Cap After Price DumpPepe (PEPE) overcomes price dip, restores market cap to $1 billion PEPE $PEPE
Source: Utoday_en - 🏆 295. / 63 Read more »