Another Week Another Failed Attempt For Bitcoin at $40K: The Weekly Crypto Recap

Over the past seven days, we saw yet another unsuccessful attempt of Bitcoin to breach the coveted $40K mark definitively.
Let’s roll back a little. Last weekend, the price was rather indecisive as it was struggling beneath $36K. All this changed on Sunday, however, when bulls stepped in and took control over the market. By Monday, BTC was trading above $40K, and it actually managed to stay there for a few days.
This saw the community rather enthusiastic as the price was seemingly ready to continue with its recovery. Unfortunately, bears had other plans. On Wednesday, BTC’s price started trending downward and dropped to about $38,000. Yesterday was no better as we saw the market dropping even further. At the time of this writing, BTC trades at around $35,000 for a 4% loss on the weekly.
While bitcoin’s price is just 4% down over the past seven days, altcoins had it much worse. Ethereum crashed by almost 14%, ADA by 10%, DOGE by 13.6%, XRP by 11%, and so forth. In other words –

Czytaj więcej

Źródło: https://cryptopotato.com/another-week-another-failed-attempt-for-bitcoin-at-40k-the-weekly-crypto-recap/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy