{"id":2397,"date":"2024-06-04T08:53:23","date_gmt":"2024-06-04T08:53:23","guid":{"rendered":"https:\/\/cryptd.in\/pepe-wif-shib-drop-hard-as-btc-struggles-to-maintain-69k-market-watch\/"},"modified":"2024-06-04T08:53:23","modified_gmt":"2024-06-04T08:53:23","slug":"pepe-wif-shib-drop-hard-as-btc-struggles-to-maintain-69k-market-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/id\/pepe-wif-shib-drop-hard-as-btc-struggles-to-maintain-69k-market-watch\/","title":{"rendered":"PEPE, WIF, SHIB Drop Hard as BTC Struggles to Maintain $69K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s price faced some enhanced volatility in the past 24 hours as it popped to $70,200 but was violently rejected there and pushed down to $69,000.<\/p>\n

The altcoins are mostly in the red, while KAS skyrocketed by 19% and now trades close to $0.18<\/p>\n

BTC Shaky at $69K<\/h2>\n

The primary cryptocurrency had a fluctuating end of the previous business week in which it attempted to overcome $69,000 but was stopped there by the bears. Moreover, the subsequent rejection saw the asset slump to $66,600, which became a multi-day low.<\/p>\n

The bulls finally stepped up at this point and didn\u2019t allow any further pain. Just the opposite, BTC bounced off and spent most of the weekend trading sideways<\/a> at around $67,500.<\/p>\n

It all started to change on Monday when bitcoin started a leg up that drove it to just over $70,200 for the first time in about a week. However, as it happened during the previous such attempt, BTC was stopped<\/a> and it pulled back by nearly two grand.<\/p>\n

Since then, the cryptocurrency has been shaky at around $69,000. Its market cap is just over $1.360 trillion, while its dominance over the alts has increased to 50.4% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 04.06.2024. Source: TradingView<\/p>\n

Meme Coins in Retreat<\/h2>\n

Most of the larger-cap alts have turned red today, aside from TON, which has gained 4.5% and trades close to $7. ETH has slipped by 1.5% and is now close to breaking below $3,750, while SOL, XRP, ADA, TRX, MATIC, and UNI are with minor losses.<\/p>\n

Shiba Inu, Avalanche, Chainlink, and NEAR have all dropped by 3-5%. More losses come from meme coins like Pepe (-7.5%) and WIF (-5%).<\/p>\n

On the other hand, KAS has skyrocketed by 18% and now trades close to $0.18.<\/p>\n

The total crypto market cap has shed samo value since yesterday but still remains north of $2.7 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

Pos PEPE, WIF, SHIB Drop Hard as BTC Struggles to Maintain $69K (Market Watch)<\/a> muncul pertama kali di CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s price faced some enhanced volatility in the past 24 hours as it popped to $70,200 but was violently rejected there and pushed down to $69,000. The altcoins are mostly in the red, while KAS skyrocketed by 19% and now trades close to $0.18 BTC Shaky at $69K The primary cryptocurrency had a fluctuating end […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2397","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"\nPEPE, WIF, SHIB Drop Hard as BTC Struggles to Maintain $69K (Market Watch) - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/id\/pepe-wif-shib-drop-hard-as-btc-struggles-to-maintain-69k-market-watch\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PEPE, WIF, SHIB Drop Hard as BTC Struggles to Maintain $69K (Market Watch) - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s price faced some enhanced volatility in the past 24 hours as it popped to $70,200 but was violently rejected there and pushed down to $69,000. 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