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.
- Content Editor ( cryptopotato.com )
- 2024-09-21
BTC Price Retraces to $63K, WIF Dumps by 10% Daily (Market Watch)