The gradual price repair of Bitcoin took place when it was active for the first time since Friday beyond $ 110,000, when the violent was rejected.
Most Altcoins did not make a profit in the past day, including CRO, who continues its substantial correction after the recent amazing rally.
BTC -eyes $ 111k
It has been a few tough weeks for the primary cryptocurrency. The actively reached a peak on more than $ 124,000 on August 14, but it has usually been downhill since then. By August 22 it had lost more than $ 12,000 in value before it rose to $ 117,500 after the speech by Jerome Powell in Jackson Hole.
However, that was a short -lived rally that was followed by more retracements. Last week Bitcoin fell below $ 109,000 for the first time since the beginning of July. After another failed recovery attempt, the Bears initiate another leg at the start of the current business week that pushed the cryptocurrency to a lowest point in two months of just over $ 107,000.
The Bulls finally rose again at the moment and did not allow any further breakdown to $ 100,000. BTC bounced away and jumped past $ 109,000 and up to $ 110,500 from now on. Market capitalization has the milestone of $ 2.2 trillion approaches, while his dominance over the Altcoins has remained stable above 56%.
New Top 100 Rep
Red continues to dominate the charts of the Altcoins. Ethereum slipped under $ 4,400 after a fall of 1.8%. XRP is at $ 2.8 after a small decrease, while Doge has fallen by more than 2.5% and is at $ 0.213. BNB, TRX, Ada, Link, Hype and Sui are also in red.
CRO has lost another 4-5% of the value in the last 24 hours. It has been active by more than 30% since its local peak marked at $ 0.38 last week. Ena, on the other hand, has been stroked by 8% to $ 0.7.
Memecore entered the top 100 alts by market capitalization after a huge daily increase of 30% that has pushed its price to more than $ 0.82.
The total crypto market capitalization has added around $ 30 billion since yesterday and is now just over $ 3.9 trillion on CG.
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