馃殌 Bitcoin's Rollercoaster Ride! 馃殌
Bitcoin enthusiasts, buckle up! BTC's price soared to an impressive $71,500 yesterday, but the bears swooped in, nudging it down by around $2,000. Despite this dip, the primary cryptocurrency has shown remarkable resilience.
Earlier this week, Bitcoin broke through the $70,000 barrier, reaching a multi-month high of $73,600, just shy of its March all-time high. However, it faced a significant correction, dropping below $69,000 on Friday morning.
The bulls made a comeback, pushing BTC to $71,500 after a weaker-than-expected US jobs report. Yet, it couldn't maintain this level and now sits about $2,000 lower.
Bitcoin's market cap is back at $1.375 trillion, with a dominance of over 56% in the crypto market. While altcoins remain sluggish, BTC continues to shine as the beacon of the crypto world. 馃専