Bitcoin Dominance Rises as Binance Coin and Other Alts Turn Red (Market Watch)

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Crypto Blog

Bitcoin’s dull price actions over the weekend were briefly interrupted with a minor increase toward $70,000 but the asset was stopped in its tracks and has returned to a familiar ground.

This resulted in some volatility and gains for the underlying asset. It all started last Monday with a surge from $67,500 to over $70,000. After being stopped there at first, BTC returned with a stronger push that drove it to $71,600 on Wednesday and $72,000 on Friday. Its market cap is still under $1.370 trillion, but its dominance over the alts has increased by nearly 1% since Friday to 51.4% on CG.a new all-time high of just over $715. However, it has been on a downfall since then, and the past 24 hours have not been kind. The asset has dropped by 5% within this timeframe to under $650.

 

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

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.

Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCDataStablecoin market cap reaches $161 billion in May, reflecting traders' optimism amid the current crypto bull market.
Source: Cointelegraph - 🏆 562. / 51 Read more »