Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Bitcoin went south once more, charting a new 9-day low at $19,200. ApeCoin stands out as the best performer from the alts.

After breaking below $20,000 yesterday, bitcoin kept nosediving and dipped to a 9-day low of just over $19,000. The altcoins seem quite stagnant on a daily scale, with ApeCoin being among the few exceptions with a 6% increase.Last week went positively for the primary cryptocurrency, which spiked to nearly $22,500 to mark a three-week high. However, that leg up was short-lived, and the asset began retracing shortly after.

Once the weekend came, bitcoin had calmed in a range between $21,000 and $22,000 and spent most of it there as the trading volume was missing. On Monday, though, BTC started to lose value rapidly and came just inches away from breaking below $20,000. While the bulls defended that price tag at first, the asset ultimatelyThe past 24 hours brought a bit more pain as bitcoin slipped to $19,200, which is a new 9-day low. As of now, though, it has recovered some ground and stands close to $20,000. Its market cap is back at $375 billion, while its dominance over the alts is just under 43%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 568. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Crashes to 7-Day Low Beneath $20K: UNI Slumps 8% Amid Phishing Attack (Market Watch)The bears are back in town as bitcoin dumped to a weekly low beneath $20,000. The altcoins suffer as well, with UNI leading the race.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Markets Lost $50B in 2 Days as BTC Slumped Towards $20K (Market Watch)The crypto markets have lost just over $50 billion in the past two days. This comes as bitcoin's recent drop towards $20,000.
Source: Crypto_Potato - 🏆 568. / 51 Read more »