Bitcoin’s price attempted to reach $27,000 but was unable to break through, remaining just below this level. The recent conflict between Israel and Hamas contributed to a gradual decline in Bitcoin’s price. It dropped to $26,500, its lowest point in two weeks, before recovering slightly to $27,000. However, it has since retraced by a few hundred dollars. Bitcoin’s market cap remains at $525 billion, and its dominance over altcoins is close to 50%.
Most altcoins experienced larger declines than Bitcoin in the past week. Ethereum, for example, dropped over $250 and reached a 7-month low below $1,550. However, in the past 24 hours, some altcoins have seen minor gains. Ethereum, Binance Coin, Dogecoin, TON, and Litecoin increased by up to 1%. Other altcoins such as XRP, MATIC, and Polkadot recorded gains of 1-2%. Solana was the top performer among larger-cap altcoins, rising by 3% and remaining above $20.
Several other altcoins experienced notable gains in the past 24 hours. ICP, Crypto.com Coin, Maker, Alpha Token, and Lido DAO all increased by 3-5%. However, XDC Network’s token saw the largest increase, surging by 7% and Trading close to $0.05.
The total cryptocurrency market cap has remained relatively stable at around $1.050 trillion. Traders can take advantage of special offers, such as a free $100 and discounted fees on Binance Futures, as well as a special deposit bonus on PrimeXBT.
It is important to note that the opinions expressed in this content are those of the quoted writers and do not necessarily reflect the views of CryptoPotato. Investors are advised to conduct their own research before making any Investment decisions..
#Bitcoin #BTC #Stalls #27K #XDC #Network #XDC #Soars #Daily #Weekend #Watch
Most altcoins experienced larger declines than Bitcoin in the past week. Ethereum, for example, dropped over $250 and reached a 7-month low below $1,550. However, in the past 24 hours, some altcoins have seen minor gains. Ethereum, Binance Coin, Dogecoin, TON, and Litecoin increased by up to 1%. Other altcoins such as XRP, MATIC, and Polkadot recorded gains of 1-2%. Solana was the top performer among larger-cap altcoins, rising by 3% and remaining above $20.
Several other altcoins experienced notable gains in the past 24 hours. ICP, Crypto.com Coin, Maker, Alpha Token, and Lido DAO all increased by 3-5%. However, XDC Network’s token saw the largest increase, surging by 7% and Trading close to $0.05.
The total cryptocurrency market cap has remained relatively stable at around $1.050 trillion. Traders can take advantage of special offers, such as a free $100 and discounted fees on Binance Futures, as well as a special deposit bonus on PrimeXBT.
It is important to note that the opinions expressed in this content are those of the quoted writers and do not necessarily reflect the views of CryptoPotato. Investors are advised to conduct their own research before making any Investment decisions..
#Bitcoin #BTC #Stalls #27K #XDC #Network #XDC #Soars #Daily #Weekend #Watch
