CandleFocus

BTC Price Retraces to $63K, WIF Dumps by 10% Daily (Market Watch)

Bitcoin experienced a price run following the US Federal Reserve's rate cut, reaching a high of over $64,000. However, it has since declined by around $1,000 and is currently trading at around $63,000. The market capitalization of Bitcoin has also decreased, and its dominance over other cryptocurrencies has dropped to 54.3%. Altcoins, including TON, AVAX, and NEAR, have also seen corrections, with some experiencing price drops of around 4-5%. The total crypto market cap has decreased by roughly $40 billion and is now below $2.3 trillion.

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