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Market Watch: Bitcoin Rejected at $25K, Filecoin Explodes 18%

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Filecoin has stolen the show today with a massive double-digit price surge.

Although BTC came short at first at exceeding $25,000, it finally did so hours ago, registering its highest price tag in about six months. However, the bears stepped up at this point and didn’t allow any further increases. Just the opposite, they drove bitcoin south hard, pushing it down to under $24,000 as of now.This is all you need not to miss any price action in the raging crypto markets.

Ethereum has declined below $1,700 after a 1% drop. Binance Coin, Ripple, Cardano, Dogecoin, Solana, Shiba Inu, Tron, and Litecoin have gone down by approximately 4%. MATIC continues on its way up, charting another 4% increase today. However, Filecoin and ICP have presented the most impressive gains. The latter is up by 18%, touching $6.5, while the former sits above $6.5 after a 9.5% surge.

The crypto market cap has lost around $20 billion since yesterday’s peak and stands just under $1.1 trillion.

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