In the past 24 hours, Bitcoin experienced a drop, disappointing the bulls who were hoping for a favorable move. However, some larger-cap altcoins, such as Binance Coin (BNB), Shiba Inu (SHIB), and TONCOIN, have performed better during this time.
Less than a week ago, Bitcoin plummeted to a two-month low of $25,300, leading to speculation that SpaceX had sold off its remaining BTC holdings. Bitcoin quickly recovered but couldn’t sustain its movement and fell back to $26,000 by the weekend.
Following this drop, Bitcoin remained stagnant for several days, with no significant movement. The start of the business week also didn’t bring any excitement, and Bitcoin remained flatlined.
In the past 24 hours, Bitcoin experienced another drop of over $500, falling to around $25,000. However, it managed to bounce back and is currently back at $26,000. Its Market capitalization remains above $505 billion, and it still dominates over other altcoins at 48.3%.
While most altcoins have followed Bitcoin’s performance, Binance Coin, Shiba Inu, and TONCOIN have registered impressive gains. All three have seen an approximately 3% increase in the past 24 hours. BNB is now Trading above $215, SHIB is at $0.00000826, and TON is close to $1.4.
On the other hand, Ethereum (ETH), Solana (SOL), and Litecoin (LTC) have retraced by about 2%, while HBAR and MKR have experienced even larger declines, with MKR seeing a daily drop of over 7%.
Astar’s ASTR and SUI have been the standout performers in terms of daily gains, with ASTR up by 10% and entering the top 100 altcoins by market cap, while SI has jumped by 8%.
The total market capitalization remains stuck at $1.050 trillion on CoinMarketCap.
In summary, while Bitcoin has experienced a drop in the past 24 hours, some larger-cap altcoins, such as Binance Coin, Shiba Inu, and TONCOIN, have performed well. The overall market capitalization has not seen significant movement, and altcoins have generally mimicked Bitcoin’s performance. Investors are advised to conduct their own research before making any Investment decisions..
#Bitcoin #Dipped #26K #Sui #Soars #Daily #Market #Watch
Less than a week ago, Bitcoin plummeted to a two-month low of $25,300, leading to speculation that SpaceX had sold off its remaining BTC holdings. Bitcoin quickly recovered but couldn’t sustain its movement and fell back to $26,000 by the weekend.
Following this drop, Bitcoin remained stagnant for several days, with no significant movement. The start of the business week also didn’t bring any excitement, and Bitcoin remained flatlined.
In the past 24 hours, Bitcoin experienced another drop of over $500, falling to around $25,000. However, it managed to bounce back and is currently back at $26,000. Its Market capitalization remains above $505 billion, and it still dominates over other altcoins at 48.3%.
While most altcoins have followed Bitcoin’s performance, Binance Coin, Shiba Inu, and TONCOIN have registered impressive gains. All three have seen an approximately 3% increase in the past 24 hours. BNB is now Trading above $215, SHIB is at $0.00000826, and TON is close to $1.4.
On the other hand, Ethereum (ETH), Solana (SOL), and Litecoin (LTC) have retraced by about 2%, while HBAR and MKR have experienced even larger declines, with MKR seeing a daily drop of over 7%.
Astar’s ASTR and SUI have been the standout performers in terms of daily gains, with ASTR up by 10% and entering the top 100 altcoins by market cap, while SI has jumped by 8%.
The total market capitalization remains stuck at $1.050 trillion on CoinMarketCap.
In summary, while Bitcoin has experienced a drop in the past 24 hours, some larger-cap altcoins, such as Binance Coin, Shiba Inu, and TONCOIN, have performed well. The overall market capitalization has not seen significant movement, and altcoins have generally mimicked Bitcoin’s performance. Investors are advised to conduct their own research before making any Investment decisions..
#Bitcoin #Dipped #26K #Sui #Soars #Daily #Market #Watch
