Market Watch: Cardano Gains Another 3% While Bitcoin Still Flirts With $30K

Bitcoin has finally calmed after the recent price fluctuations and has remained just over the $30,000 mark. Most altcoins are also untypically stable on a 24-hour scale. Tezos and FTT are among the few exceptions.The past few days were quite volatile for the primary cryptocurrency, starting on June 6 when it jumped from under $30,000 to a multi-day high of almost $32,000.

At that point, though, the landscape changed rather quickly when BTC dumped by more than $2,000 in hours to $29,200. Nevertheless, another price surge followed, and bitcoin found itself trading above $31,500 shortly after. The fluctuations continued a bit more, pushing BTC south to $30,000 once again. Since then, though, the cryptocurrency has

around that level and sits just over it now. As such, its market capitalization is at $580 billion, and its dominance over the altcoins is at 46.5%.Despite BTC’s ongoing struggles, meaning that the asset is down by over 50% from its peak in November 2021, Michael Saylor continues to be highly bullish,Did you like this market update?

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