Bitcoin's price dropped to its lowest point in over a month, reaching $91,300 before partially recovering. Other altcoins, including ETH and LINK, also experienced a decline. The price retracement for BTC started after the Federal Reserve's hawkish comments for 2025, causing it to lose value rapidly. Despite some recovery, BTC's market capitalization struggles at $1.860 trillion, and its dominance over other altcoins has increased to 54.3%. Most larger-cap altcoins, such as ETH, XRP, DOGE, ADA, TRX, AVAX, and TON, have also lost value, along with Chainlink's native token. The total crypto market cap is nearing $3.4 trillion.
- Content Editor ( cryptopotato.com )
- 2024-12-31
PEPE Price Jumps 6% Daily, Bitcoin Recovers to $94K After Monthly Low (Market Watch)