Market Watch: Trading Volume at Monthly Lows as Bitcoin Stalls Amid $21K

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Bitcoin has remained stuck around $21,000, while most altcoins have produced minor daily declines.

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Despite the minor daily retracement, BTC’s market cap still stands above $400 billion, and its dominance over the altcoins is just over 43%.Typically known for their higher levels of volatility, the altcoins have performed rather unexpectedly in the past few days with little-to-no movements.

Ethereum has lost around 3% of value in the past day and has dipped below $1,200. Just a few days ago, the asset charted a multi-week high at well over $1,250. BNB, Solana, and Polkadot are down by similar percentages in a day to under $240, below $40, and $7.1, respectively. Ripple, Cardano, Dogecoin, Tron, and Avalanche are also slightly in the red, while Shiba Inu is up by just over 1%. Litecoin has gained the most from the larger-cap alts with a 4% increase.

The cumulative market cap of all crypto assets is at almost the same level as yesterday, just under $950 billion.

 

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