cryptd.in

Alternativ LinkedIn för kryptovänliga talanger

ICP and PI Defy Altcoin Correction, BTC Price Slips Below $70K: Market Watch

-

av

cryptd.in
i

Bitcoin’s adventure above $70,000 didn’t last long as the asset was rejected at $71,800 and now sits over two grand below that local peak.

Most larger-cap alts are also in the red today, as ETH continues to fight for the coveted $2,000 level. ICP and PI are among the few exceptions with notable gains today.

BTC Falls Below $70K

It was a week ago when the primary cryptocurrency reached a monthly high at $74,000 after gaining $11,000 since that Saturday low of $63,000 when the strikes in the Middle East began. However, it couldn’t keep marching forward, and the subsequent retracement drove it south to $68,000 over the weekend.

As the war only intensified during the weekend, BTC dipped to $65,600 on Monday morning alongside the legacy financial markets. However, it rebounded almost immediately, especially after US President Donald Trump claimed that the war was almost over. BTC climbed toward $70,000, and even though that resistance was too strong at first, the asset managed to reclaim it yesterday.

The bulls drove it to a six-day peak of $71,800, where it was rejected and pushed south. As of now, bitcoin trades well below $70,000, with a market capitalization of $1.390 trillion on CG. Its dominance over the altcoins has also declined, and it’s now below 57%.

BTCUSD Mar 11. Source: TradingView
BTCUSD Mar 11. Source: TradingView

ICP, PI in the Green

Although ETH is down by over 2% in the past day, it still trades inches above the coveted $2,000 level. BNB is down to $640 after a minor decline, while XRP has lost the $1.40 support. LINK has declined the most from the larger-cap alts, followed by HYPE, SOL, and ADA.

More losses are evident from ZEC, TAO, SKY, and UNI, while ICP has defied the overall market trend with a notable 12% surge to $2.7 after a listing by Upbit. Pi Network’s PI token is the other impressive gainer today, as a 6% increase has driven it to almost $0.23 as of now.

The total crypto market cap has decreased by around $50 billion daily to $2.450 trillion as of press time.

Cryptocurrency Market Overview Daily Mar 11. Source: QuantifyCrypto
Cryptocurrency Market Overview Daily Mar 11. Source: QuantifyCrypto

Inlägget ICP and PI Defy Altcoin Correction, BTC Price Slips Below $70K: Market Watch publicerades först på CryptoPotato.

Kommentarer

Lämna ett svar

Din e-postadress kommer inte publiceras. Obligatoriska fält är märkta *

Senaste flödena

Populära kategorier

sv_SE Svenska
sv_SE Svenska en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina

Sök på webbplatsen

Populära berättelser

Etiketter

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenVal (1) #BinanceVsCoinbase (1) #Bitcoin (425) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHantering (1) #BitcoinPris (5) #BitcoinPrisnivå (1) #BitcoinPump (1) #BitcoinReserv (1) #BitcoinSurge (1) #BitcoinTopp (1) #Bitfinex (1) #Bitwise (1) #BracebridgeKapital (1) #BRC20Token (1) #BTCförvärv (1) #BullishPrediktion (1) #BullishSentiment (1) #Ckinesisk gruvdrift (1) #CPIPrecension (1) #Cryptotillgång (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #Cryptoinsikter (1) #CryptoMania (1) #CryptoMarknaden (4) #Cryptoförutsägelse (1) #CryptoFörutsägelser (1) #CryptoReglering (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoOvisshet (1) #DerivativJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolym (1) 1TP5Holländska domstolen (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumSmärta (1) #EthereumPris (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Finansiell påverkan (1) #FinansiellIntegritet (1) #FirmAvstängning (1) #FrystaKonton (1) #IllicitFonder (1) #InflationData (1) 1TP5Investeringar (1) 1TP5Investeringsförlust (1) #JapanskFirma (1) #LegalAction (1) #Laglig påverkan (1) #Lagstiftning (1) #LightningNätverk (1) #MMarknadsanalys (3) #MarknadenÖvervakning (1) #MarknadenPrediktion (1) #MarknadenFörutsägelser (1) #MarknadenProjektering (1) #Marknadsstöd (1) #MarknadenVolatilitet (1) #M Äktenskap (1) #MemeCoin (5) #MemeCoins (2) #MinerLönsamhet (1) #MpengarTvätt (2) #MtGox (4) #NordkoreaKrypto (1) #NovogratzPrediktion (1) #PrisMilstolpe (1) #PrisPrediktion (2) #PrisFråga (1) #Prisökning (1) #PrisonStraff (1) #QuantAnalys (1) #Regleringstryck (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialaBuzz (1) #Tteknisk analys (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashUtvecklare (1) #UKCrypto (1) #UpsidePotential (1) #USKongressen (1) #WyomingLand (1) #XRPPris (1) #XRPuppsving (1)

Användbara länkar

Länkar som jag tyckte var användbara och ville dela med mig av.