🚨Crypto Market Cools: Bitcoin Steady, Altcoins Diverge 📢 $ 71,000
The cryptocurrency market has exhibited less dramatic price fluctuations in recent days, compared to the more volatile weeks that came before. For example, Bitcoin experienced a modest decline of 0.68% over the past 24 hours. Similar downturns have been observed in leading altcoins like Ethereum (ETH) and BNB.
Taking a broader view, cryptocurrencies are still holding onto some of their weekly gains. Notably, Bitcoin traded around $61,000 last week before appreciating to the $67,000 range.
It’s important to note that Bitcoin achieved the $67,000 level without sharp price movements. While Bitcoin did experience occasional price dips throughout the week, it has managed to retain its recent gains. Overall, Bitcoin is still up over 8% for the week.
While Bitcoin has steadily climbed, some altcoins have not followed its upward trajectory. For instance, BNB, XRP, and TRON have all seen declines in their weekly performance.