Over the past 24 hours, Bitcoin’s price has remained stagnant at $26,000, which is not surprising considering lower Trading volumes during weekends. This lack of movement is similar to last week when Bitcoin was stuck at around $29,000 for weeks before experiencing a sudden price drop of over $3,000. It attempted to recover but eventually settled at $26,000.
There hasn’t been much change in Bitcoin’s price at the start of this week either. It briefly dipped by over $500 on Wednesday but quickly rebounded and reached a more notable price increase, pushing it up to $26,800 on Thursday. However, it failed to maintain that level and returned to $26,000, where it has remained for the past 48 hours. As a result, Bitcoin’s Market capitalization has stayed below $510 billion, and its dominance over altcoins is just below 48.5%.
The altcoins have also been sluggish in their price movements over the past few days, including the weekend. Most larger-cap altcoins, such as Ripple, Cardano, Ethereum, Solana, Dogecoin, and Polkadot, have seen minor gains or insignificant losses. However, there have been notable weekly losses for some altcoins, with PEPE experiencing a massive 20% dump earlier this week due to suspicious transfers and claims about doxxing the meme coin’s creator. Other altcoins like RUNE, APE, and XDC have also seen losses of up to 17% over the past week.
Despite these fluctuations, the total crypto market cap has remained relatively stable at around $1.050 trillion, maintaining the same spot as yesterday.
In summary, Bitcoin’s price has remained stagnant at $26,000 over the past 24 hours, similar to its situation last week. Altcoins have also been sluggish in their price movements, with some experiencing notable losses over the past week. Despite this, the total crypto market cap has remained steady at around $1.050 trillion..
#Alts #Dumped #Weekly #BTC #Stalls #26K #Weekend #Watch
There hasn’t been much change in Bitcoin’s price at the start of this week either. It briefly dipped by over $500 on Wednesday but quickly rebounded and reached a more notable price increase, pushing it up to $26,800 on Thursday. However, it failed to maintain that level and returned to $26,000, where it has remained for the past 48 hours. As a result, Bitcoin’s Market capitalization has stayed below $510 billion, and its dominance over altcoins is just below 48.5%.
The altcoins have also been sluggish in their price movements over the past few days, including the weekend. Most larger-cap altcoins, such as Ripple, Cardano, Ethereum, Solana, Dogecoin, and Polkadot, have seen minor gains or insignificant losses. However, there have been notable weekly losses for some altcoins, with PEPE experiencing a massive 20% dump earlier this week due to suspicious transfers and claims about doxxing the meme coin’s creator. Other altcoins like RUNE, APE, and XDC have also seen losses of up to 17% over the past week.
Despite these fluctuations, the total crypto market cap has remained relatively stable at around $1.050 trillion, maintaining the same spot as yesterday.
In summary, Bitcoin’s price has remained stagnant at $26,000 over the past 24 hours, similar to its situation last week. Altcoins have also been sluggish in their price movements, with some experiencing notable losses over the past week. Despite this, the total crypto market cap has remained steady at around $1.050 trillion..
#Alts #Dumped #Weekly #BTC #Stalls #26K #Weekend #Watch
