BTC tried to reach $60,000 but slipped back to $58,000 recently. It had dropped to around $54,000 last week due to factors like Mt. Gox selling BTC and German government sales. Bulls managed to push it back up, hitting a high of $59,500 before facing resistance. BTC is now just above $58,000, with its market cap dropping below $1.150 trillion and dominance over other coins at 50.9%.
Among altcoins, Stacks (STX) stands out with a 14% increase, trading near $1.7. Lido DAO Token (LDO) follows with a 7% rise. Ethereum and Binance Coin are slightly down to $3,120 and $528, respectively. Solana (SOL) and Dogecoin (DOGE) have each dipped by over 1% to $142 and $0.11.
Chainlink has seen the largest decline among major alts (-3.7%) to just below $13, while Avalanche (AVAX) has gained 3% and trades above $25. The overall crypto market cap is slightly down at $2.250 trillion.
Stay tuned for more crypto insights! 👍
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