After a few days of recovering some of the recent losses, bitcoin has reversed its trajectory and has dropped to around $20,000. Most of the altcoins are in the red as well today, aside from Shiba Inu and LEO, both of which have charted impressive gains.Following last week’s massacre that culminated in a new 18-month low at $17,500 on Sunday morning, the cryptocurrency started to recover some gains.
It bounced off that line rather quickly and challenged $20,000 less than a day later. It ultimately broke above that coveted line and kept climbing. As a result, BTC found itselfHowever, it failed at that point and began losing value gradually, resulting in a dip to $20,000. As of now, the asset has managed to sustain above that level and trades just over it.
Its market capitalization, though, has declined to well below $400 billion and its dominance is down to 43.3%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:
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