Tron (TRX) Explodes 12% Daily, Bitcoin (BTC) Slips Below $60K (Market Watch)

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Bitcoin’s adventure above $60,000 was short-lived once again, as the asset dumped below that level yesterday and has remained there ever since.After last Thursday’s massive correction that drove bitcoin to a multi-day low of $56,200, the cryptocurrency was mostly on the rise. It spent the weekend trading sideways in a tight range around $59,000 and $60,000.

Monday began with a downturn once again, though, as the asset slumped to $58,000. However, the bulls were quick to intercept the move and pushed BTC north. In a matter of hours, it added more than three grand of value and jumped to aThis is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Despite recovering some ground since that local low, bitcoin is still 2% down on the day and struggles beneath $60,000.

Interestingly, the landscape around Tron’s native token is quite different. TRX has shot up by 12% in the past 24 hours and now sits above $0.16. AVAX, ADA, and MATIC have also charted impressive gains.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

 

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