Bitcoin took another massive downturn in the past 24 hours and slipped to just over $44,000. Most altcoins have also turned red today, with price declines from Ethereum, Solana, Polkadot, Avalanche, and others. Dogecoin is among the few in the green.
Bitcoin Dropped to $44K
The start of April was not all that positive for the primary cryptocurrency as it dropped from above $47,500 to a multi-day low of $44,250 (on Bitstamp). The bulls stepped up at that point and pushed BTC north. As a result, the asset spiked above $47,000 hours later but failed to remain there for long.
It initiated a leg up to and beyond that level twice in the past few days, but the aftermath was the same. The latest rejection that came yesterday pushed BTC down to $46,000 before the bears took another swing, and bitcoin slumped below $44,500.
Since then, the cryptocurrency has managed to recover some of the losses and now sits above $45,000. Nevertheless, its market capitalization has taken a hit and is now at $86
We współpracy z: https://cryptopotato.com/crypto-markets-shed-100-billion-as-bitcoin-dumped-to-44k-market-watch/
