Crypto Markets Lost $50B Daily as Bitcoin Sharply Rejected at $25K (Market Watch)

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Shiba Inu is the only larger-cap alt in the green, while BTC, ETH, BNB, SOL, and many other are deep in the red zone now.

After spiking above $25,000 to a new two-month high, bitcoin was violently rejected at that point and dumped by more than $1,000 in hours.

It failed to breach that level at first and retraced by several hundred dollars. However, it went on the offensive once more on Sunday and, for the first time in over two months,Another retracement followed, but the bulls were determined to keep climbing. As a result, BTC jumped to another multi-month high of just over $25,200.This is all you need not to miss any price action in the raging crypto markets.

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