ApeCoin is the only cryptocurrency with substantial gains as most of the market – including bitcoin – has charted new losses.
Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale.On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives.as the bears pushed the cryptocurrency south again.
Bitcoin reacted well at this point and bounced off towards $40,000. It even briefly exceeded that level, but the overall bearish sentiment in the crypto market drove it south once more. As of now, BTC trades below $39,000, and its market capitalization has declined well beneath $750 billion.The altcoin space has also not enjoyed the past several days and the predominantly red landscape now only confirms this.This is all you need not to miss any price action in the raging crypto markets.
Binance Coin is just under $400, while Solana has dumped well below $100 after another 3.5% daily decrease. Ripple, Terra, Polkadot, Cardano, Dogecoin, and Shiba Inu are also in the red. Avalanche, MATIC, and NEAR Protocol have lost even more substantial chunks of value – up to 6%.upcoming Otherside saleBut with the majority of alts being in the red, the crypto market cap is down by $50 billion and is well under $1.8 trillion.
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