Bitcoin Tapped 10-Day High, Dogecoin Soars 9% (Market Watch)

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Bitcoin marked its highest price tag in over 10 days, while Dogecoin is today's most impressive gainer.

Bitcoin marked its highest price tag in over 10 days, while Dogecoin is today’s most impressive gainer.

Bitcoin kept climbing in the past 24 hours and reached a ten-day high of just under $22,000. Most of the altcoins have retraced slightly in the same timeframe, except for Dogecoin, which is up by over 9%.After bottoming at $17,500 last Sunday, an 18-month low, the primary cryptocurrency began its recovery on Monday and quickly reclaimed the coveted $20,000 line. It dipped below a few times in the next couple of days but stood north of it for longer periods.

The bulls even attempted to push it further upwards, but BTC was stopped at $21,500 mid-week. Nevertheless, another leg up came in the past 24 hours that saw an even higher price tag.during the weekend, bitcoin went on the offensive and reached $21,900 – this became the highest price line BTC had seen since June 16.

However, it was rejected there and retraced by over $1,000 in hours. As of now, it has reclaimed some ground and stands above $21,000. Its market capitalization has remained above $400 billion, while the dominance over the altcoins sits still at 42.5%.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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