Bitcoin is on the verge of yet another red weekly candle, which will extend the negative streak to two months.
Despite challenging $30,000 yesterday at one point, bitcoin was unable to overcome it and remains stuck below that line. Most altcoins are quite calm on a daily scale, with a minor increase from BNB and a more substantial jump from NEAR Protocol.Last week was a highly emotional and fluctuating roller-coaster in which BTC slumped by $15,000 at one point and bottomed at $25,300.
The retracement pushed it south to below $29,000, but then the bulls stepped up once more and drove it upwards by $2,000. Yet, a familiar scenarioSince then, the asset has remained stuck below $30,000 despite recovering several hundred dollars. As such, its market cap sits still at $560 billion, and its dominance over the alts is at 44.5%.This is all you need not to miss any price action in the raging crypto markets.
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