Conversely, ARB and SKY are the best performers today, with a gain of around 9% each.
Bitcoin’s relatively minor sessions of volatility continued over the past 24 hours, with the asset once again falling below $62,000 before rebounding over $1,000, only to be halted again.
Most larger-cap alternative assets remained slow on a daily basis, with ETH battling for $1,750, while XRP battled for the $1.10 level.
BTC challenges $63,000
After a painful start to the month, when BTC fell below $58,000 for the first time in almost two years, the cryptocurrency attempted to stage a notable recovery that took it instantly to over $60,000 and to $63,000 over the weekend.
The bulls continued to press the gas pedal and bitcoin surged to $64,000 at the start of the business week. However, Strategy’s larger selloff resulted in an immediate decline to $61,200, where BTC found some support and rebounded strongly. In the hours that followed, it soared to $64,600.
It was another short-term rally, however, and it found itself falling again on Wednesday. This time it fell to $61,600, as mentioned above. It has since recovered well over a thousand dollars, and although it stopped at $63,200, it now remains near $63,000 and slightly in the green on a daily scale.
Its market cap has soared to $1.26 trillion on CG, while its dominance over altcoins remains stuck at 56.5%.
M Dumps, ARB and SKY pump
Most larger-cap alternative assets showed little to no volatility on a 24-hour time scale. ETH remains near $1,750, BNB is just above $570, while XRP is fighting for the $1.10 support. SOL, HYPE, RAN, ZEC and XLM are in the red, while CC, TRX and DOGE have marked minor gains.
ARB and SKY added the most value daily. Both assets are up around 9% at $0.085 and $0.058, respectively. In contrast, MemeCore plunged 19% to $1.21. BEAT and JUP follow suit, with losses of around 5 to 6%.
The cumulative market cap of all crypto assets returned to $2.240 trillion on CG.
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