Bitcoin dipped below $19,000 for the first time in over a week as the overall sentiment for the crypto space continues to worsen.
Most alternative coins have suffered even more on a daily scale. Some, such as XRP, ADA, and SHIB, are down by more than 5%.It was less than a week ago when the primary cryptocurrency was trading confidently above $20,000 and even marked a multi-week high north of $20,500. However, the US job report turned the tables and pushed BTC south by around a grand, even though it beat the expectations.
As such, bitcoin entered the weekend in a range between $19,000 and $20,000 and spent all of it there. The landscape remained unchanged on Monday, but hours ago, BTC started nosediving once again. This time, it dropped below $19,000 to register an 8-day low. As of now, bitcoin has regained some ground and stands over that line. Its market cap is down to $365 billion, but its dominance over the alts is up to almost 40%.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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