CandleFocus Bitcoin Stopped at $103K but These Altcoins Post Substantial Losses (Weekend Watch)
2024-12-15
Author: Content Editor
Bitcoin's price reached a new multi-week high near $103,000 but faced resistance and dropped back below $102,000. Altcoins performed even worse, leading to an increase in BTC dominance. Despite the price volatility, Bitcoin's market capitalization remains above $2 trillion. Several altcoins, including Ethereum and Ripple, saw losses of around 2%. Overall, the total market capitalization of all cryptocurrencies decreased by approximately $70 billion in a day, falling below $3.8 trillion.
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