After failing to decisively overcome $27,000 during the weekend, BTC slipped by almost $500 earlier today to chart a new multi-day low.
The altcoins are also in the red today, with XRP, MATIC, SOL, LTC, and others losing over 2% of value.Bitcoin tried to take down $27,500 on two occasions last week but ultimately failed, and the subsequent rejections drove it south hard. The second one wasAs the weekend approached, BTC managed to reclaim some ground and went to around $27,000. It initiated another minor leg-up that wasin its tracks at $27,300. Another rejection followed in the past 24 hours that pushed it south to under $26,600.
As of now, bitcoin has bounced off but still trades in the red on a daily scale and sits beneath $27,000. Its market capitalization has declined to $520 billion once again. With the lack of substantial volatility, bitcoin’s dominance over the alternative coins has remained still at 46.4%.This is all you need not to miss any price action in the raging crypto markets.