LDO explodes by 13 %, BTC strives for $ 27,000 after a new 2-month low (weekend observation)

LDO explodes by 13 %, BTC strives for $ 27,000 after a new 2-month low (weekend observation)
The problems with Bitcoin lasted in the last 24 hours and the asset reached a new two -month low before recovering more than one thousand.
The old coins are today in the green, with LDO conquering the main stage with a massive double -digit price increase.
btcs pump and dump continues
The most important news of the past week came when the US VPI numbers for April indicated that the inflation rates had slowed down and were actually below expectations. Bitcoin initially reacted positively to the message and rose from $ 27,500 to almost $ 28,500 within minutes
The situation changed quickly and the cryptocurrency crashed over a thousand. This was followed by further volatility in the opposite direction before the asset finally calmed down at its starting point of $ 27,500.
However, this was only short -lived, since Thursday and Friday caused more pain to the bulls. This culminated last night in a drop in price to $ 25,800, which has been the lowest state of BTC for about two months.
At this point, the bulls finally accelerated and drove Bitcoin up. As a result, BTC rose and reached the $ 27,000 mark. However, he has so far not been able to reach this level again, and is now only a few centimeters below.
Nevertheless, its market capitalization is almost $ 520 billion, but its dominance compared to the old coins is somewhat lower at 46.3 %.
Overview of the cryptocurrency market. Quantify crypto