CandleFocus BTC Price Recovers From Sub-$59K Dip, UNI Skyrockets 20% Weekly (Market Watch)
2024-10-11
Author: Content Editor
Bitcoin's price experienced a significant drop, falling to a multi-week low of $58,800, causing $250 million in liquidations. However, the asset has since recovered most of its losses and is now trading around $60,700. Altcoins have also shown some volatility but have calmed down on a daily scale. Ethereum, Solana, XRP, TON, Dogecoin, Cardano, and Avalanche have seen minor gains, while Binance Coin, TRON, and Shiba Inu are slightly in the red. Uniswap and Immutable X have emerged as the top performers, with gains of around 4%. Overall, the total crypto market cap has slightly declined to $2.220 trillion.
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