Bitcoin’s dull price actions over the weekend were briefly interrupted with a minor increase toward $70,000 but the asset was stopped in its tracks and has returned to a familiar ground.
This resulted in some volatility and gains for the underlying asset. It all started last Monday with a surge from $67,500 to over $70,000. After being stopped there at first, BTC returned with a stronger push that drove it to $71,600 on Wednesday and $72,000 on Friday. Its market cap is still under $1.370 trillion, but its dominance over the alts has increased by nearly 1% since Friday to 51.4% on CG.a new all-time high of just over $715. However, it has been on a downfall since then, and the past 24 hours have not been kind. The asset has dropped by 5% within this timeframe to under $650.
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Source: Cointelegraph - 🏆 562. / 51 Read more »