Bitcoin’s still kinda struggling price-wise rn just a day before the next FOMC meeting as the asset slipped below $80,000 late last night and has remained there.
XRP Targets That $1.30 Spot 🔥
QNT keeps crushing its impressive run that started on Monday while BTW and RAIN have tanked by double digits from the larger cap alts. BCH XMR HYPE and ZEC posted some gains tho. XRP sits at $1.30 after that major Ripple news. Ethereum slipped further toward $2,300 after another minor decline. SOL dipped below $100 while TRX stays under $0.33. Ripple got the final green light for its national bank trust which might explain the native token’s defiance. XRP is up almost 2% daily and now hits that key $1.30 resistance. ZEC rose over 3% and sits close to $1,250. XMR neared $600 after another 2% pump. HYPE gained a similar percentage and trades at $78. QNT rose over 7% again and has seemingly reclaimed the $200 level. On the other hand BTW and RAIN plummeted over 12%. As a result the former struggles at $1.40 while the latter dropped to $0.072. The total crypto market cap declined 0.4% in the past 24 hours again and it’s down to $2.670 trillion on CMC.
BTC Drops Below $80K 😈
It was less than a week ago when the primary cryptocurrency got rejected at $85,000 and the subsequent pullback has been quite violent. The asset dumped to $83,000 almost immediately but the bears were just getting started. In the following days the asset tumbled below $81,000 before another major leg down over the weekend pushed it to a 5-week low of $79,100. The rebound attempts got halted at $81,000 and BTC dipped below $80,000 on a couple more occasions on Sunday. It couldn’t really reclaim that level on Monday either and has remained around $79,500 for the past day or so with a few brief deviations. Its market capitalization tanked to $1.6 trillion on CMC while its dominance over the alts dipped below 60%. More volatility is expected tomorrow after the conclusion of the second-to-last FOMC meeting of the year.
Just another echo from the void by iconofsin.eth 💖
