After struggling to remain above the coveted $20,000 line yesterday, bitcoin finally dipped below it earlier today. Most altcoins are also well in the red on a daily scale once more, with ETH, SOL, DOGE, and SHIB painting notable losses.Bitcoin tried to recover some of the recently lost value last week and jumped from the 18-month low of $17,500 to around $21,000.
However, BTC failed to continue upwards and retraced to just under $21,000. It tried to reclaim that level in the following hours but was stopped in its tracks.$20,000 but managed to sustain above it yesterday. Today, though, the situation changed, and BTC found itself slipping below that round-numbered milestone hours ago. As of now, it trades around that line as well, and its market cap has plummeted further below $400 billion.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
American Consumers Holding On to Crypto in Spite of Market Correction: ReportICYMI: U.S. crypto owners do not rush to part with their holdings despite major market correction $BTC $DOGE $ETH
Source: Utoday_en - 🏆 295. / 63 Read more »
Binance, OKX Lead Crypto Derivatives Space Despite Market RuckusThe market-wide volatility has also put a notable strain on the derivatives market. Binance, for one, has managed to lead the space.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
CEO named for market maker Citadel Securities' crypto trading ventureCitadel Securities' head of business development Jamil Nazarali is set to become CEO of the market maker's crypto venture. Citadel recently announced to move its headquarter from Chicago to Miami. Miami is in the center of cryto revolution. Maybe getting into the center of the revolution is the real reason for the move. 😎bitcoin
Source: TheBlock__ - 🏆 464. / 53 Read more »
Bitcoin Dipped Towards $20K, Tezos (XTZ) Jumps 9%: Market WatchTezos is among the very crypto assets in the green with a 9% daily increase. Bitcoin now sits close to $21,000.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Bitcoin Tapped 10-Day High, Dogecoin Soars 9% (Market Watch)Bitcoin marked its highest price tag in over 10 days, while Dogecoin is today's most impressive gainer.
Source: Crypto_Potato - 🏆 568. / 51 Read more »
While Bitcoin and Ethereum Dominance Slides, Stablecoin Market Caps Reap the Rewards – Market Updates Bitcoin NewsLast month’s statistics show bitcoin’s market dominance was 2.9% higher and ethereum’s market dominance was 2.1% higher than it is today. These statistics do not give us any guarantee that BTC, for example, will not fall to 15k USDT tomorrow $paw RET ❤ RET ❤
Source: BTCTN - 🏆 531. / 51 Read more »