Cryptoma markets become red as Bitcoin breaks up $ 1,000 (Market Watch)

Cryptoma markets become red as Bitcoin breaks up $ 1,000 (Market Watch)

After BTC had recently reached a three-week high, he stagnated at around $ 28,000, but broke heavily in the past few hours.

The old coins also got into the red area, with ETH fell below $ 1,900. The overall market capitalization fell by over $ 20 billion in one day.

BTC was rejected at $ 28,000

Bitcoin fell heavily on a two-week deep under $ 26,000 on Thursday, but reacted well and made up almost all losses again until the weekend. On Sunday there was another slight increase that drove the asset to $ 27,400.

There were even more price gains on Monday morning after the U.S. government had reached the debt limit. BTC shot about a thousand and reached a three-week high with $ 28,500 (on Bitstamp).

The course could not continue north and fell back to around $ 28,000. The majority of the day yesterday was at this level, but hours ago it went downhill. Since the cryptocurrency failed to crucial the $ 28,000 mark, there was a sharp rejection that pressed the price of $ 1,000 to $ 27,000.

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alts also see red

Most alternative coins followed BTC on his way to the south. Ethereum was over $ 1,900 for several days, but a decline of 1.3 % in the last 24 hours has dropped to $ 1,870. Binance Coin has dropped for a similar percentage and is now fighting at $ 306.

cardan, Dogecoin, polygon, solana, tron, polkadot, litecoin, Shiba inu and avalanche also write red numbers, with losses of up to 3 % in one day.

lido dao has most unloaded of the top 36 alts. LDO has dropped by 6 % and is less than $ 2.1. In contrast, QNT and GRT recorded minor growth of up to 4 %.

Overall, the entire crypto market capitalization has dropped by over $ 20 billion in one day and is now less than $ 1.140 trillion.

Overview of the cryptocurrency market. Quantify crypto