Bitcoin’s recent rally came to a halt in the past 24 hours or so, as the asset was pushed down to under $70,000 and even below $69,000.
The altcoins are also in retreat today, with notable price declines from the likes of BCH, DOT, DOGE, ICP, RNDR, WIF, and APT.Bitcoin experienced a massive price decline last week when it slumped to a multi-day low of $64,500. However, the bulls managed to intervene at this point and propelled a leg up that resulted in a five-grand surge on Thursday.
After another correction a day later, BTC started to regain value during the weekend and increased back to $69,000 once again. The asset failed to overcome the $70,000 level on Sunday but managed to do so on Monday.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As of now, the cryptocurrency trades around $69,000. Its market capitalization has dropped to $1.
Even more losses come from the likes of DOGE , ADA , DOT , and BCH . The most notable price declines are evident from WIF , APT , RNDR , ICP , STX , and NEAR . Consequently, the cumulative market cap of all crypto assets has shed over $40 billion in a day and more than $80 billion since the peak on Monday.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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