The rather uncertain price repair of Bitcoin took place for the past 24 hours, because it was active $ 109,500, where it was confronted with a quick rejection.
Most altcoins are still slow on a daily scale, so we will concentrate on their weekly movements where CRO rules.
BTC stopped $ 109.5k
Following the price pump from last Friday to more than $ 117,000 after the speech by Jerome Powell, Bitcoin calmed around $ 115,000 during the previous weekend until Sunday evening, when massive volatility reached the market. What only an hour or so, BTC dived hard through different grand to less than $ 111,000.
De Bulls tried to restore some land on Monday, but quickly stopped at $ 113,500. The bears seemed completely under control when she drove the cryptocurrency to less than $ 109,000 on Tuesday morning.
Bitcoin initiated another leg that was stopped again at $ 113,500 on Thursday. In the following hours it was already actively lost his momentum and on Saturday morning it fell to $ 107,200, which became a new seven -week low.
Earlier today it bounced to $ 109,500, but it couldn’t keep climbing. From now on it is struggling to stay above $ 109,000 after the last rejection. Market capitalization is back to $ 2,170 trillion, while his dominance over the alts has stuck with 56% on CG.
Weekly movements
The weekly graphs are quite grim for almost all altcoins. Ethereum has been dumped for less than $ 4,500 since last Sunday after a decrease of 6.3%. XRP fights for $ 2.80 after a similar Retracement. Doge, trx, ada
There is, on the other hand, CRO. It has risen by 81% since last Sunday and now trades almost $ 0.30. The most important increase was $ 0.38 halfway through the week after a massive announcement of adoption by the Trump Media Group.
The other two larger CAP-Alts in the Green are Pol (13%) and the Pi token of PI Network (7%).
The total crypto market capitalization has dropped around $ 200 billion every week and has fallen to $ 3,850 trillion on CG.
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