\n\t\t\t\t\t\t\t\t\tThe total crypto market cap dumped by approximately $100 billion from top to bottom.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin was rejected at $69,200 yesterday and plunged toward $66,000 earlier this morning after Trump\u2019s latest statement that the war against Iran will continue with more strikes.<\/p>\n
The altcoins are in the red as well, with ETH dropping to $2,050, while SOL and HYPE are down by over 5%. XRP has managed to overtake BNB in terms of market cap positioning.<\/p>\n
BTC Dropped by $3K<\/h2>\n
Bitcoin\u2019s weekly correction began last Wednesday when the asset was rejected at $72,000 and plunged to $65,600 by Friday. After losing over $6,000 in just a few days, the asset rebounded and remained above $66,000 during the weekend.<\/p>\n
It dipped to a monthly low at $65,000 on Monday morning when some of the legacy financial markets opened. The bulls finally stepped up at this point and didn\u2019t allow another leg down. Instead, BTC regained some traction and, despite the enhanced volatility due to the contrasting reports coming on the war in the Middle East, jumped<\/a> to $69,200 yesterday.<\/p>\n However, then came Trump\u2019s anticipated speech in which he was expected<\/a> to de-escalate the tension in Iran, according to reports. However, the reality was just the opposite, as he said the conflict is likely to intensify and BTC dumped<\/a> to just over $66,000, losing $3,000 from yesterday\u2019s peak.<\/p>\n Although it has recovered some ground since then, it still trades below $67,000, and its market cap is down to $1.335 trillion on CG. Its dominance over the alts is above 56%.<\/p>\n The altcoins are deep in the red as well on a daily scale. Ethereum has lost over 3% of value and is down to $2,050 as of now. SOL, HYPE, LINK, and AVAX have plunged by 5-6%, while BCH, ADA, and DOGE are down by around 3-4%.<\/p>\n Although XRP has dropped by nearly 3% as well, it has managed to flip BNB in terms of market cap. There are also a couple of double-digit gains, but green is scarce today. STABLE and ALGO have rocketed by over 19% in a day.<\/p>\n The total crypto market cap dipped by $100 billion from top to bottom before rebounding to $2.380 trillion as of now.<\/p>\n \u00a0<\/p>\nXRP Flips BNB<\/h2>\n
<\/a>
\nBinance Free $600 (CryptoPotato Exclusive): Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (full details<\/a>).<\/p>\n