Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000. The altcoins are in no better condition, with Ethereum sliding below $1,800, while Solana and Tron have marked substantial daily losses.the landscape seemed more positive at the start of June when it jumped above $30,000.
In fact, BTC spiked to a multi-week high of $32,400, which gave the community expectations that the worst might be over. However, the predominantly bearish market sentiment returned rather quickly, and the cryptocurrency fell by over $3,000 in hours to just over $29,000.at $30,000 once again yesterday, and it seemed like a successful attempt at first, but the situation changed shortly after. This rejection brought BTC south to a familiar level at $29,200.
As of now, the asset has reclaimed some ground and stands close to $30,000. Nevertheless, its 2% down on the day, and its market capitalization has declined to $565 billion. Its dominance over the altcoins, though, has increased slightly to 46.3%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day: