\n\t\t\t\t\t\t\t\t\tDeXe is close to falling out of the top 100 alts by market cap. HYPE is also well in the red daily.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin\u2019s price ascent that began a couple of days ago brought the asset to a monthly peak at $67,000, where it was stopped and pushed south by about a grand.<\/p>\n
Most larger-cap alts have retreated after yesterday\u2019s gains as well, while RAIN has jumped by over 6% to almost $0.015.<\/p>\n
BTC Slips to $66K<\/h2>\n
The primary cryptocurrency rallied last week on Tuesday and Wednesday after the softer-than-expected inflation data in the US for June. It jumped from under $62,000 to $65,600 within a day or so, before it was halted and dipped to $62,500 on Friday.<\/p>\n
The bulls stepped up at this point and didn\u2019t allow another leg down. Instead, bitcoin recovered<\/a> some ground and spent Saturday at around $64,000 before it jumped slightly to $65,000 on Sunday. It dropped once again on Monday to $63,750, but bounced off immediately to $65,600 later that day.<\/p>\n The buying pressure intensified in the following hours, and BTC rocketed<\/a> to $67,000 (on Binance) for the first time in just over a month. This meant that it had gained over $9,000 since the July 1 multi-year low, and here are some of the potential reasons behind this.<\/a><\/p>\n Its rise was stopped at this level, and it has retreated to just under $66,000 as of now. Its market capitalization has calmed at $1.320 trillion, while its dominance over the alts remains well above 57% on CG.<\/p>\n DEXE\u2019s native token is by far the poorest performer in the past 24 hours. The asset has slumped by almost 90% to $4.50. It\u2019s inches away from falling out of the top 100 alts by market cap, as its own is down to $432 million.<\/p>\n HYPE, NEAR, and ZEC have lost the most value from the larger-cap alts, with declines of up to 7%. ETH, SOL, BNB, DOGE, and XLM are also in the red, albeit in a more modest manner. In contrast, RAIN is up by 6% to $0.015, while ONDO has reclaimed the $0.40 level.<\/p>\n The total crypto market cap has retreated by around $40 billion from yesterday\u2019s local peak and is down to $2.3 trillion on CG.<\/p>\n \u00a0<\/p>\n Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n<\/div>\nDeXe Plummets<\/h2>\n
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