Bitcoin Retreats from $60k - [briefly] 11:59 AM EDT - Mar,21 2021 - post a comment Although Bitcoin was edging towards anew all-time high yesterday, it couldn't keep the momentum going into today. The price of the world's most popular cryptocurrency fell almost five percent in the last 24 hours, taking it to a price of $56,697. It still has a market cap of well over a trillion dollars, though. A crypto that isn't Bitcoin? That's an altcoin. It's been a checkered week for Bitcoin. This time last week it was sitting at a high of $61.5k, bolstering the rest of the market with it. As per usual, most of the top 20 cryptocurrencies by market capitalization are down today. Ethereum is down almost 4% to $1,768. For fans and investors it feels like a long time since it set a bullish looking ATH of $2000 a whole month ago. Meanwhile, overnight losses of around 7% were felt by holders of Cardano, Polkadot and Chainlink. Polkadot currently trades for $36.84 a coin, while Chainlink trades at $29.19.
Cardano is still technically pumping. Yesterday ADA reached a high of $1.31, but today it trades at $1.19. That's still an almost 10% increase from last weekend. |