Bitcoin fails to maintain its recent rally and remains below its previous all-time high. Altcoin markets also witness significant losses, leaving investors uncertain about the future direction.
Bitcoin ’s struggles continue as the asset fails to initiate a notable recovery, and its price is still below or around $96,000.
The altcoins are not in great shape either, with many, such as XRP, ADA, and AVAX, still 3-4% down on a daily scale.A lot can change in the cryptocurrency markets within a week, and this has been the case for the past seven days or so. Just last Monday and Tuesday, BTC posted fresh gains and shot up above $108,000 to mark its latest all-time high.BTC managed to stop the freefall at this point and even jumped to over $99,000 on Saturday morning.
AAVE is the only exception from the larger-cap alts with an actual noteworthy price surge. The asset has gained roughly 10% and now sits at $340 amid the broader correction.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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