Bitcoin Dips Below $64K as Altcoins Also Decline Today: Market Watch

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The cryptocurrency market is currently in a correction as it seems that the bulls are taking a breather following their rally from the past few days. This has caused the total capitalization to drop to around $2.45 trillion, losing roughly $40 billion in the past 24 hours.The BTC bulls were unable to sustain the price above $66K earlier in the week, and since then, the bears have managed to take control.

It’s not all doom and gloom, however. Some cryptocurrencies have managed to defy the downturn in the past 24 hours. Mantle is up 10%, while WIF is up 6%. On the other hand, the worst performers during that period are Lido DAO and GALA, both of which lost almost 7%.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.

 

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