Bitcoin dipped below $29,000 recently to chart a monthly low but has managed to bounce off and currently sits above that level.
The altcoins also experienced price declines in the past few days, but some, such as DOGE and XRP, have charted some minor gains today.Last week was a rather calm one, which the primary cryptocurrency spent in a tight range of around $30,000. The weekend was similar, and it wasn’t until Sunday that the asset finally tried to break out.
This leg-up resulted in BTC exceeding $30,300, but that turned out to be a false breakout. Shortly after, BTC started losing ground and slipped back down to $30,000. However, theThis became its lowest price tag in over a month. Since then, BTC has managed to recover some ground and currently sits a few hundred dollars above $29,000.This is all you need not to miss any price action in the raging crypto markets.
Dogecoin leads the rally, with another 5% surge on a 24-hour scale. Furthermore, DOGE tapped $0.085 earlier today, fueled by the most recent Elon Musk-TwitterRipple’s native token is the second-best performer from the larger-cap alts. XRP is up by 2.5% and has tapped $0.7 once again. Ethereum, Binance Coin, Solana, Tron, Litecoin, Polkadot, TONCOIN, and Shiba Inu are also in the green, albeit in a more modest fashion.The total crypto market cap has remained relatively stuck at just under $1.180 trillion on CMC.