Bitcoin hovers at $70k, Dogecoin continues to rise above $0.2 (market overview)
Bitcoin rose to $71,700 yesterday but failed to break above the $72,000 level and is currently back around $70,000.
Most altcoins are quieter today, with red dominating almost all charts. However, DOGE and BNB are in the black.
BTC recovers to $70 thousand.
The last five days or so have been much better than the previous week, which saw Bitcoin plummet over ten thousand to a low of under $61,000. He recovered from some of his losses last weekend and went on the offensive on Monday and Tuesday.
There was another rally on Wednesday that saw BTC jump to a 15-day high of $71,700. However, the bears intercepted this movement and strongly pushed the cryptocurrency south. In a matter of hours, the asset fell more than three thousand dollars to just over $68,000.
However, it quickly began to regain lost ground and yesterday jumped again to $71,500. However, the scenario repeated itself, and Bitcoin was unable to go further. The rejection has been less dramatic, at least for now, and BTC is currently trading at around $70,000. It's worth noting that there are signs of upcoming volatility today and over the weekend.
Its market capitalization on CoinGecko fell to $1.375 trillion, and its dominance over altcoins fell slightly to 49.7%.
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