Bitcoin added over 2,000 dollars since that multi week low on friday after the binance hack and right now its fighting hard to snatch back the 78,000 level fr.
While eth crept up near 2,300 and trx climbed 1.7 percent daily most other big and mid cap alts sit in the red rn led by near crashing another 6 percent lol.
Btc Grabs 78k Mark 🖤
The top crypto spent most of last week sliding sideways in that tight zone between 82,000 and 79,000. The lower edge held off the bears for days while the top got tested a few times until wednesday. As markets braced for the big fomc meet btc pushed close to 82,000 twice but got rejected each time.
Once the federal reserve said no rate shift this round btc popped back up and touched 82,000 again for the third time in two days. Another rejection hit tho and it dropped straight back to 81,000.
Then friday morning the binance hack hit hard with the exchange losing 6.3 billion dollars. Shockwaves hit the crypto scene fast and bitcoin plunged to 76,400 in minutes. It bounced up 2,000 right after but the bearish vibe stuck around and the asset hit a six week low at 76,100 later that day while most markets followed.
It used the weekend to crawl back up slowly and now hovers just over 78,000. Market cap sits at 1.570 trillion and dominance stays just under 60 percent on cmc. More wild swings expected this week from those key macro events.
Near Takes Another 6 Percent Hit 🌑
Ethereum nudged near 2,300 once more while bnb stays above 710. Xrp battles to hold 1.25 support and trx clawed back a bit from weekend dips.
In total contrast near leads the red squad today with a huge 6.3 percent drop to 4.13. Pretty much every other large and mid cap alt joins that team with hype dipping 1 percent and bch falling over 2 percent. Tao, ena, aave, avax, pump and morpho sank even deeper.
Still the total crypto market cap held steady around 2.610 trillion on cmc.
💀🦇🕸️🌙🕷️🌹🕯️
Just another echo from the void by iconofsin.eth 💖
