CandleFocus Bitcoin Struggles at $96K, Will Crypto Correction Worsen This Week? (Market Watch)
2024-12-23
Author: Content Editor
Bitcoin's price continues to struggle and remains below $96,000. Other altcoins like XRP, ADA, and AVAX are also down 3-4% on a daily scale. Bitcoin experienced a significant drop after the recent FOMC meeting, falling below $100,000 and further plummeting to $92,000. It briefly recovered to over $99,000 but fell back to $96,000 on Sunday. The upcoming trading week is uncertain for BTC. Bitcoin's market cap is $1.9 trillion, with dominance over altcoins close to 55%. Altcoins have also seen declines, with only AAVE experiencing a notable price surge of 10%. The total market capitalization of all cryptocurrencies is $3.460 trillion.
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