Bitcoin’s voyage above $21,000 was quickly halted by the bears, and the asset has returned to just under that level.
Most altcoins have calmed following the gains from the end of the working week, with Dogecoin finally retracing slightly today. In contrast, BNB jumped to a multi-month high.The primary cryptocurrency has been on a roll in the past several days, ever since it skyrocketed from $19,000 to over $20,000 last Tuesday.
However, the low trading volumes on Sunday didn’t allow the cryptocurrency to climb higher, and it lost a few hundred dollars. As of now, the asset has dipped even further south and trades at around $20,500, with some analystsDid you like this market update? This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:BTC’s market cap has gone down below $400 billion once more, and its dominance over the alts is still beneath 39%.The altcoins went through some notable gains as well, and some have continued to do so. Binance Coin is among today’s top performers, with an impressive 5% increase. As a result, BNB has soared above $320 for the first time since the middle of August.
Despite retracing slightly since yesterday, the overall crypto market cap is still well above $1 trillion as of now.