Bitcoin had another quiet weekend, which it spent in a tight range between $66,000 and $66,500 before unsuccessfully trying to break out of the latter.The primary cryptocurrency started the previous business week with an attempt to overcome the coveted $70,000 level after another calm weekend. However, the bears were quick to intercept the move and pushed the asset south by four grand. This came ahead of the US CPI numbers and the subsequent FOMC meeting.
Nevertheless, BTC managed to recover some ground by the time the weekend arrived and jumped to just over $66,000. Itthe next 48 hours stuck there but aimed at $67,000 earlier today. That attempt saw no success and BTC now stands just inches above $66,000 after a minor retracement.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Its market cap remains at $1.
DOT has managed to defend the $6 support line, while DOGE, AVAX, SHIB, BCH, NEAR, UNI, and IMX have dumped hard, with up to 7% in the case of IMX. FET has lost the most value from the larger-cap alts, having slumped by 10% to $1.3. SOL, XRP, TRX, and KAS have charted insignificant gains. However, the total crypto market cap has seen over $30 billion gone in a day.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.