Bitcoin’s price troubles continued in the past 24 hours as the asset dropped below $62,000 and $61,000 to chart a 6-day low.
Interestingly, not all altcoins have followed BTC on the way south, as some, such as TON and RNDR, have posted impressive gains of around 7% each.The primary cryptocurrency had a strong end to the previous week when it jumped from under $59,000 to $62,000 on Friday and kept climbing during the weekend to almost $64,000.
After failing to overcome that line at first, the asset initiated another leg up on Monday that resulted in soaring past $65,000 and tapping a 12-day high of $65,500. However, the bears wereJust the opposite, BTC started losing value in the next few days as it first dropped to $63,500 before theon Wednesday. The landscape worsened in the past 24 hours as bitcoin dumped once again, falling below $61,000 for the first time in nearly a week.
Binance Coin and Cardano, though, have added over 3% of value in the past day. As a result, BNB sits at $600, while ADA is at $0.45. Toncoin has emerged as the top performer from the larger-cap alts, having gained 7% on a daily scale. Consequently, TON trades above $6 now.Nevertheless, the total crypto market cap has shed another $20 billion and is down below $2.4 trillion. The metric has declined by about $170 billion since Monday.
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