\n\t\t\t\t\t\t\t\t\tTRUMP, CRO, and WLD have dumped the most during the Sunday correction.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
After gaining $15,000 in a few days, bitcoin was primed for a correction, and the asset has cooled off with a dip to $75,500, where it found some support.<\/p>\n
Most altcoins are also slightly in the red on a daily scale. HYPE, though, continues to defy the odds and has charted a fresh all-time high of over $82.<\/p>\n
BTC Slides<\/h2>\n
Bitcoin struggled below $65,000 for weeks until Wednesday afternoon. Then, one US Treasury Department announcement sent shockwaves throughout the market, and BTC led the charge. The asset exploded to $70,000 within a few hours before the bulls took complete control<\/a> of the market and initiated a few more legs up.<\/p>\n The culmination took place on Friday when the largest cryptocurrency spiked<\/a> to almost $80,000 for the first time in over three months<\/a>. However, after skyrocketing by 25% in less than 48 hours, BTC was due for a pullback.<\/p>\n At first, the bears pushed it south to $76,200, but bitcoin bounced off and tapped $79,000 once again on Saturday morning. It couldn\u2019t keep climbing, though; it slipped to $77,000 later that day and dipped<\/a> to $75,500 on Sunday morning amid reports that Wintermute has gone heavily on the short side.<\/p>\n Bitcoin has recovered around a grand since that local low and sits at around $76,500. Its market cap is close to $1.540 trillion on CG, while its dominance over the als has soared to just over 58%.<\/p>\n Ethereum dipped below $2,400 earlier today but has reclaimed that level as of now. XRP was rejected<\/a> at $1.70 after a massive run, and now sits below $1.50. BNB is below $690 again, while CC has plummeted by over 5% daily, similar to XLM and SUI. BCH and ADA are down by nearly 3%.<\/p>\n HYPE managed to do something unthinkable for most other crypto assets, surging past $82 yesterday to hit a new all-time high. PUMP has rocketed by over 17% in the past 24 hours, followed by an 8% surge from ENA.<\/p>\n In contrast, TRUMP plunged<\/a> by 33% from top to bottom as the team behind the token sent more coins to exchanges. CRO and WLD are down by over 7% each.<\/p>\n The cumulative market cap of all crypto assets has declined by approximately $100 billion from the local peak and is down to $2.650 trillion now. Nevertheless, the metric is up by $400 billion since Wednesday.<\/p>\n \u00a0<\/p>\nHYPE Sees New Peak<\/h2>\n
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