\n\t\t\t\t\t\t\t\t\tXRP is actually the worst performer from the top 10 alts today. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s price tapped a five-day high earlier this morning at $68,400, only to be rejected and driven south by almost two grand in hours after the latest controversial developments on the Middle East war front.<\/p>\n
Most altcoins have followed suit, dropping by 2-3% in the past day. HYPE and XRP have dropped the most from the top 25 alts.<\/p>\n
BTC Down Again<\/h2>\n
Bitcoin challenged the $72,000 resistance on a couple of occasions during the previous business week, but to no avail. The second failed attempt took place on Wednesday morning, but the bears were quick to intervene and began a gradual correction that drove BT south to $69,000 on Thursday.<\/p>\n
Another, more painful decline took place on Friday when the cryptocurrency fell to $65,600, dragging<\/a> the overall market sentiment back to extreme fear levels.<\/p>\n After a quiet weekend in which it traded above $66,000, BTC dipped once again on Monday morning to a new monthly low of just under $65,000, where it found support and jumped to $68,000. More volatility ensued<\/a>, with another drop to $66,300 and a surge to $68,400 earlier this morning, before the bears stepped up again and bitcoin now struggles below $67,000.<\/p>\n These fluctuations transpired as different reports claimed<\/a> that Trump might consider ending the war even with the Strait of Hormuz closed, while others suggested<\/a> that several countries in the region are still pushing him to continue attacking Iran.<\/p>\n Although it\u2019s down by over 1% in the past day, ETH continues to trade above $2,000 after it reclaimed that level earlier this week. BNB has slipped below $610 after a 2% decline, while XRP\u2019s 3.4% drop has pushed it toward a key support level at $1.30. The asset is down by over 7% in the past week alone, and now trails further behind BNB in terms of market cap placement.<\/p>\n SOL, ADA, CC, XLM, and RAIN are also deep in the red from the larger-caps, while HYPE and HBAR have dropped by more than 5% daily. Bitcoin Cash and ZEC are among the few exceptions posting modest gains.<\/p>\n The total crypto market cap has shed over $30 billion daily and is down to $2.380 trillion on CG.<\/p>\n \u00a0<\/p>\nXRP Dips Again<\/h2>\n
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