Bitcoin Dipped Below $19K: Crypto Eyes Another Red Week (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Bitcoin slipped below $19,000 in the past 24 hours, while TFUEL has emerged as the most significant daily gainer.

Bitcoin’s weekend continues to be calmer than the previous several days as the asset sits still around $19,000. The altcoins are in a similar position, with little-to-no significant movements from the larger-cap ones.Last week didn’t end all that well for the primary cryptocurrency, which had actually spiked to nearly $22,000 at one point. However, as it has happened numerous times in the past several weeks, it failed to continue upwards and reversed its trajectory rather quickly.

Thus, BTC found itself dropping to $21,000 a day later and to $20,000 shortly after. As June was coming to an end, marking one ofThen came a surprising pump higher, and BTC jumped to $21,000 butbelow $20,000 minutes later. Since then, the cryptocurrency has remained rather still at around $19,000, where it’s currently positioned as well.

Consequently, its market capitalization has stalled at $365 billion, but its dominance over the altcoins is down to 42.2%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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

Business Business Latest News, Business Business Headlines

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

Market Watch: Bitcoin Ended the Horrible Q2 Below $20KBitcoin went on a rollercoaster in the past 24 hours, jumping to just under $21,000. However, it still finished Q2 well in the red.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bitcoin Closes June Below $20K, BlockFi Acquisition Rumors Spiral, MSTR Buys the Dip: This Week's Crypto RecapThe crypto winter deepens as Bitcoin's price closed its worst quarter in a decade, putting a monthly candle below $20K and currently struggling with that level.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Why the Crypto Bear Market Isn’t Over Yet.federalreserve, inflation, unemployment and contagion in the crypto market are the big buckets pushing the markets around, tradethechain's nickcini says. 'July may spell more bearishness based on the overhang we're currently facing.' Watch more: federalreserve tradethechain nickcini Contrarian Indicator Levels - BULLISH History rhymes in cycles of repetition. IYKYK 💎👌 federalreserve tradethechain nickcini Maybe crypto is a fail.
Source: CoinDesk - 🏆 291. / 63 Read more »