After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price level since March 2021.This past week seemed somewhat more positive for the primary cryptocurrency as it challenged $32,000 on a few occasions. During one of the attempts, BTC broke above that level and marked a multi-week high at $32,400.to $30,000, where the asset spent the last two days.
Dropping below $29,000 meant a new lowest level since the end of May. As of now, BTC stands just over that line. Its market cap is down to $560 billion, but the dominance over the alts is up to 46.7%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day: