Polkadot Leads Altcoin Losses After Bitcoin Is Rejected at $52K

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Large-cap cryptos like Polkadot fell more than 8% in 24 hours after bitcoin failed to break the $52,000 resistance level and tumbled. By shauryamalwa

briefly breaking

Leading losses among the top 10 cryptocurrencies by market capitalization were Polkadot’s DOT tokens, which fell 8% in 24 hours after being a top gainer on Sunday. Others such as Solana , Cardano and XRP averaged losses of 3.4%, while binance coins gained 0.4%. DOT surged to over $32 on Monday, but traders have since taken profits and the tokens exchanged hands for $28 in Asian hours on Tuesday. They are, however, still 20% higher than last Tuesday.

 

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Source: Cointelegraph - 🏆 562. / 51 Read more »