Crypto Blog
BTC’s inability to break its own all-time high has resulted in a massive rejection that pushed it south hard to under $69,000 earlier today.
The rally culminated on Tuesday with a surge to $73,600, which meant that bitcoin had come just $150 away from tapping a new all-time high.It went from the aforementioned level to under $69,000 in minutes, losing over three grand in the process. As of now, it has recovered some ground, but it is still well below $70,000.
The cumulative market cap of all crypto assets is down by approximately $100 billion since yesterday and is beneath $2.450 trillion now.
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