Bitcoin’s price faced some enhanced volatility in the past 24 hours as it popped to $70,200 but was violently rejected there and pushed down to $69,000.The primary cryptocurrency had a fluctuating end of the previous business week in which it attempted to overcome $69,000 but was stopped there by the bears. Moreover, the subsequent rejection saw the asset slump to $66,600, which became a multi-day low.
The bulls finally stepped up at this point and didn’t allow any further pain. Just the opposite, BTC bounced off and spent most of the weekend It all started to change on Monday when bitcoin started a leg up that drove it to just over $70,200 for the first time in about a week. However, as it happened during the previous such attempt, BTC wasThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Since then, the cryptocurrency has been shaky at around $69,000. Its market cap is just over $1.360 trillion, while its dominance over the alts has increased to 50.
Shiba Inu, Avalanche, Chainlink, and NEAR have all dropped by 3-5%. More losses come from meme coins like Pepe and WIF .The total crypto market cap has shed samo value since yesterday but still remains north of $2.7 trillion on CG.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.
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