Market Watch: Bitcoin Ended the Horrible Q2 Below $20K

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Bitcoin went on a rollercoaster in the past 24 hours, jumping to just under $21,000. However, it still finished Q2 well in the red.

Despite spiking to a multi-day high at almost $21,000, bitcoin dumped just as quickly and finished the violent Q2 below $20,000. The altcoins experienced similar volatility, but some are well in the green now, including BNB, MATIC, and The Sandbox.The primary cryptocurrency stood at a 10-day high last weekend when it neared $22,000. As the community was expecting another jump to higher ground, though, the landscape changed, and BTC started to lose value gradually.

As such, it dropped to around $20,000, where it stood for a few days straight. However, it ultimately lost that level and plummeted to $19,000. The situation worsened yesterday, and bitcoin slumped to another multi-week low of $18,500. However, when thewas close to its end, the cryptocurrency went on a tear and spiked by more than $2,000 in minutes, touching $21,000.

Nevertheless, that was short-lived, and BTC has since returned below the coveted $20,000 line. As such, its market cap is just under $375 billion, and its dominance over the alts is at 42.5%.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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