After reaching an all-time high of $108,000 on December 17, BTC went into full-blown correction mode, falling $16,000 in just a few days by December 20. It then rebounded over the next week or so, making several failed attempts to reach the $100,000 mark.
a second attempt was subsequently rejected, sending it south to $91,300 on Dec. 30, its lowest level in more than a month.
At this point, the bulls finally stepped up, At this point, the bulls finally stepped up and tried to move toward $95,000, but were thwarted, and #BTC fell below $92,000. At the end of the calendar year, there was a jump to $96,000 and another drop to $93,000, which further increased volatility.
the last 24 hours were more positive for BTC, the largest digital asset: BTC again approached the $96,000 mark. The market capitalization is now 1.5 times the CG basis. Market capitalization has grown to $1.9 trillion on a CG basis, reducing its dominance over #altcoins to 53.8%.
While most altcoins fell significantly yesterday, today the picture is quite different. Ethereum fell below $3,400, but has regained that level after rising 2.5%; BNB, TRX, and TON are showing similar gains, while SOL, DOGE, ADA, AVAX, LINK, and SHIB are up to 11%.
#XRP #rose to $2.38. XRP rose to $2.38 (up 12% intraday) and topped the list of top 10 alts. Among major alts, XLM rose 22% and traded above $ 0.42.
Read us at: Compass Investments