After yesterday’s price dip below $19,000, bitcoin has failed to produce any significant gains and remains stuck around that level.
Most altcoins also sit quietly today. Among the few exceptions is Huobi Token, which has skyrocketed by double digits on a daily scale once again.Bitcoin had jumped above $20,500 to mark a three-week high on October 6 but failed to continue upwards and ultimately reversed its trajectory. This came along with the latest US job reports, which, even though beat expectations, pushed BTC south by around $1,000.
Although it tried to recover some ground in the following hours, BTC returned to $19,000 once again and evenSince then, it has been unable to produce any substantial price gains but still stands north of that line. Its market cap is still at $365 billion, and its dominance over the alternative coins is below 40%.This is all you need not to miss any price action in the raging crypto markets.