The price of Bitcoin was confronted with some volatility prior to the long -awaited encounter between Trump and Putin, but did not show any major fluctuations after the conclusion.
However, the Altcoins have fallen over the past 24 hours, led by the substantial decrease in Ethereum to more than $ 4,500.
BTC for $ 117K
The primary cryptocurrency had an eventful week. It all started with a price pump on Monday that it drove from $ 119,000 to a peak of several weeks with more than $ 122,000. The bears came back at the moment and were not a breakthrough in the direction of the $ 123,200 all-time high.
However, such a leg happened later during the week. Bitcoin started to get a grip on Wednesday and flew past the peak of July. The highlight took place on Thursday morning when BTC rose to $ 124,500 to map the last time.
However, that rally was short -lived. Instead of going more than $ 125,000, the cryptocurrency returned its process and dropped to $ 121,000 almost immediately. It also fell to less than $ 118,000 during the day, after the American PPI data for July came up with hotter than expected.
More volatility was expected on Friday evening when the US and Russia presidents gathered to discuss a potentially -the fire between the last and Ukraine. Although they did not agree on a deal, the price of BTC remained relatively stable at around $ 117,500.
Market capitalization has withdrawn to $ 2,340 trillion on CG, while the dominance over the alts is almost 58%.
Alts in Red
Ethereum marked an impressive meeting in recent weeks, which culminated a few days ago with an increase of almost $ 4,800. For example, it was actively only a few centimeters from the ATH from 2021, however, it failed there and the total market -wide correction pushed it far below $ 4,500 after a daily decrease of 5%.
The rest of the larger Cap-Alts is also in red, where Sol, Link, Avax, Sui and Hype fall by 3-7%. MNT is the only remarkable exception. It has been actively risen by more than 10% and trades at $ 1.2, while the rest of the alts are in red.
The total crypto market capitalization has dropped another $ 80 billion at night and has fallen to $ 4,050 trillion on CG.
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