The cryptocurrency market went through yet another day in red, losing around $12 billion of its total capitalization. This comes as Bitcoin is struggling to maintain its price above $19,000, whereas major altcoins tumble.
The overall sentiment is also very bleak, with indicators flashing signs of extreme fear for a few days in a row.The BTC price is currently found trading just around the $19,000 mark, and it’s struggling to maintain above it.The cryptocurrency is down 0.6% in the past 24 hours but a much steeper 5.8% in the past seven days, highlighting the uncertain state of the entire market.
BTC failed to produce any type of significant movement over the last day, and this particular stagnation that tends to lean towards the downside is a very specific sign of the bear market. However, Bitcoin’s dominance – the metric that tracks its share relative to that of the entire market – is up 0.5% in the past day, which is a notable change.This is all you need not to miss any price action in the raging crypto markets.
TheCryptoSniper Short that shit show sniper!
TheCryptoSniper was right again and still a long road to go for $ADA & others shitcoins