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Bitcoin’s indecisiveness continues as the asset was stopped once again at $89,000 and now sits over a grand lower. Most larger-cap alts have performed similarly over the past 24 hours, aside from HYPE, which has skyrocketed by 25% to a multi-week peak. Bitcoin’s actual troubles.
Bitcoin’s underwhelming price performance continued into the weekend, with another dip to $88,000 registered earlier today. Most altcoins are in the red as well on a 24-hour scale, with ETH solidifying its place below $3,000. XMR has dropped the most from the larger-cap alts..
Similar to the previous weekend, bitcoin’s price has stagnated again on Saturday and Sunday, with little to no action over the past 36 hours or so. Most larger-cap altcoins have remained sluggish as well, unlike small gains from HYPE and TRX. XMR, on the other hand, continues.
Bitcoin’s price has remained expectedly calm over the past 12 hours or so as the weekend began, without any major moves at just over $95,000. Most larger-cap alts are sluggish as well, with little to no movement from ETH, XRP, BNB, SOL, and ADA. XMR, though, has plunged hard.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3050.56, down 0.9% (-28.16) since 4 p.m. ET on Wednesday. Leaders: BCH (+1.6%) and POL (+0.2%).Laggards: UNI.
Bitcoin’s gradual price ascent that resumed earlier this week continued in the past 24 hours as the asset tapped $98,000 for the first time in about two months. Its dominance over the altcoins has risen within the same timeframe, as most altcoins have failed to double down on.
Bitcoin’s price tapped a 6-day peak earlier today when it jumped past $92,500 briefly before it slipped back down to $92,000. Most larger-cap altcoins have marked minor gains over the past day, with ETH reclaiming $3,100 and BNB tapping $910. XMR has stolen the show once again,.
