Bitcoin’s price struggles continued in the past day, as the asset slumped to $65,300 for the first time since last Friday amid uncertainty coming from the US government.
The altcoins are also in the red today, aside from XRP, which skyrocketed to a multi-month peak of over $0.66 earlier.The primary cryptocurrency had a wild end to the previous business week as it slumped below $63,500 on Thursday but shot up soon after to $67,000. The weekend was also quite volatile due to Donald Trump’sat the Bitcoin Conference in Nashville, and the asset went down and up by three grand within a few hours on Saturday evening.
Monday began on a high note, with the cryptocurrency jumping to a 7-week peak of $70,000. However, that was short-lived as the bears halted the move.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Although it has been able to recover some ground, BTC is still in the red on a daily scale at just over $66,000. Its market cap has declined to under $1.310 trillion, while its dominance over the alts is down to 52.
In contrast, Ripple’s native token has defied the entire sentiment and tapped a multi-month peak at over $0.66 earlier today. You can check some of the possible reasons behind this rallyThe total crypto market cap has declined by another $20 billion and is down to $2.5 trillion on CG now.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
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