BTC dipped by a grand and snapped right back in a flash crash that shook up the usual weekend vibes 🖤. Alts went even wilder with bigger swings tho many still closed red on the day. More chaos looks likely once Monday hits fr.
BTC Dips and Rebounds 🌑
The week kicked off strong as BTC climbed to 84250 before bears dragged it down to 81000 in no time 💀. Recovery hit just as fast and BTC tapped 84000 again by Tuesday morning. It held near there until Wednesday when hotter than expected CPI data sent it to 82000. Thursday PPI confirmed the heat and BTC plunged first to 80200 then hit a monthly low at 79800 😈.
The bounce looked insane as it surged several grand quick and neared 83000 on Friday only to stall below 82000 for the weekend. Then came that flash crash dropping from 81600 to 80750 before jumping back to 82000 and settling flat. Analysts are screaming about a possible Black Monday after last week stock dips so volatility should spike tomorrow 💸.
Right now BTC market cap sits at 1.630 trillion with dominance back at 60 percent.
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Alts Rebound Too 📉
Bigger alts copied the BTC flash crash and stayed mostly red daily. ETH slipped to 2360 and now fights to stay above 2400 🚀. XRP battles the 1.30 level and sits below it rn. ZEC SOL HYPE DOGE TRX LINK and ADA all dipped again while XMR RAIN and HBAR grabbed 3 to 4 percent. BTW stole attention by rocketing 17 percent up to 2.43 👀.
Total crypto market cap dropped 0.2 percent daily to 2.730 trillion.
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Just another echo from the void by iconofsin.eth 💖