XRP defies the market mood with an increase of 3 %, BTC falls below $ 27,000 (Market Watch)
XRP defies the market mood with an increase of 3 %, BTC falls below $ 27,000 (Market Watch)
Bitcoin has fallen over a thousand in the last 24 hours and has recorded the lowest price for about a week today.
The old coins are currently slightly in the red, with LDO crashed the most (over 6 %).
Bitcoin slips below $ 27,000
The unfavorable market conditions of last week reached its peak on Friday when BTC fell to a two-month low of $ 25,800. However, the asset recovered at the weekend and spent most of the $ 27,000.
Monday started more positively when BTC rose to $ 27,600. However, it failed there and quickly lost all the daily gains. Another climb came on Wednesday, but the bears started the movement again and BTC could not challenge the $ 27,500 mark.
The subsequent rejection was much more violent than the previous one. Bitcoin rose many times over and fell to a weekly low of $ 26,400. Although the Bitcoin has regained several hundred dollars since then, it is still traded under $ 27,000 because it has dropped by 2 % during the day.
As a result, its market capitalization has dropped to $ 520 billion, while its dominance compared to the old coins is almost 46.3 %. Overview of the cryptocurrency market. Quantify crypto
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