Bitcoin Fights to Maintain $35K: SOL Down 19% on Network Issues (Market Watch)

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The crypto market is back in red with massive price losses from Solana, Terra, Cardano, and other altcoins. Bitcoin fights for $35K.

After yesterday’s brief signs of revivals in the crypto market, the situation today seems quite gloomy once more. Bitcoin is close to breaking below $35,000, while most altcoins are in a much worse shape, including a massive 19% dump from Solana.Bitcoin traded above $43,000 last week before the whole landscape changed and the bears stepped up.

In the next 24 hours, the cryptocurrencyWhile this was already a massive correction, the asset headed further south, as reported. Bitcoin dumped to its lowest price position since late July 2021 at around $34,000 on Saturday.reclaimed some groundSince then, BTC lost nearly $3,000 and now stands well beneath $35,000. As such, its market capitalization is just over $650 billion.This is all you need not to miss any price action in the raging crypto markets.

 

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