Ripple’s XRP Steals the Larger-Cap Alt Show, Bitcoin (BTC) Stopped at $75K: Market Watch
SIREN has re-entered the top 100 alts after a massive 16% surge, while DOT is up by over 10% daily.
BTC Slips From Over $75K
The primary cryptocurrency reached a local peak of almost $74,000 on Saturday morning following a relatively positive week on the US/Iran war front, as the ceasefire announcement brought some fresh gains. However, the peace talks’ failure during the weekend resulted in an immediate correction that drove it to under $70,500.
Nevertheless, it managed to maintain the $70,000 support and skyrocketed once again as the business week began following reports that the two sides will continue trying to reach a permanent deal. BTC tapped $74,800 on Tuesday morning and rocketed to a monthly peak of $76,000 later that day.
It was stopped there and dipped below $74,000 on Wednesday, but the bulls initiated another leg up in the past 12 hours, driving the cryptocurrency to $75,500. Another rejection followed, and the asset now sits a grand lower.
Its market capitalization has slipped to just under $1.5 trillion on CG, while its dominance over the altcoins remains well above 57%.
BTC Slips From Over $75K
The primary cryptocurrency reached a local peak of almost $74,000 on Saturday morning following a relatively positive week on the US/Iran war front, as the ceasefire announcement brought some fresh gains. However, the peace talks’ failure during the weekend resulted in an immediate correction that drove it to under $70,500.
