These Altcoins Dump 20% Weekly While Bitcoin Struggles at $26K (Market Watch)

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

Canada News News

Canada Canada Latest News,Canada Canada Headlines

APE, UNI, LTC, and SHIB have plummeted by over 20% in the past week.

arose that Elon Musk’s SpaceX had disposed of its remaining BTC stash. The asset reacted with an immediate price dump that drove it from $28,600 to a two-month low at $25,300.of the first spot Bitcoin ETF in Europe, which came on Tuesday. The following days were less eventful, and BTC tried to reclaim the $26,000 but was stopped a few times.at around $26,000. It spent the next 48 hours stuck at that level and is yet to break out of it.

Consequently, the weekly losses are quite painful for some. Such is the case for Shiba Inu, ApeCoin, Uniswap, and Litecoin, as all four have dumped by over 20% in the past seven days. This is even after LTC’s 2.5% daily increase. The past 24 hours have been quite calm for the alts as well, with ETH, ADA, TRX, and DOT sitting slightly in the green, while BNB, XRP, DOGE, SOL, and SHIB.

The total crypto market cap has also remained still over the past 24 hours at around $1.050 trillion. It’s worth mentioning that the metric fell hard by over $110 billion in a few days last week, though.

 

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 CA

Canada Canada Latest News, Canada Canada Headlines

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

BTC Slips Below $26K Again, LTC, SHIB, XRP Down 20% Weekly (Market Watch)In contrast, KAS and HBAR have soared by double-digits in the past 24 hours.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

These 20 dividend stocks have been the best income growers in the S&P 500Rather than focusing on high current dividend yields, you might build an income stream for retirement by holding stocks over the long term as payouts increase.
Source: MarketWatch - 🏆 3. / 97 Read more »