The cryptocurrency markets are declining today on relatively low trading volumes. Bitcoin is sliding toward $60K, and the majority of altcoins are slowly bleeding out.Bitcoin’s price is trading at a 1.3% decrease over the past 24 hours, bringing up its total losses to about 6% for the week.
At the time of this writing, the leading cryptocurrency is sliding toward $60K as the trading volume across the board is relatively low.The last 24 hours saw a total of $100 million worth of liquidations with BTC leading with $37M.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Many of the large-cap altcoins are also charting small declines. For example, ETH is down 1.8% on the day, BNB – 1.6%, SOL – 2.5%, TON – 1.
On the other end of the spectrum, the best performer is Quant’s QNT token, which soared by 10% on the day. Arweave’s AR is the second best, with a 4% increase. That said, the trading volumes across the board are down to about $67 billion during the past day, which is to be expected, given it’s the weekend. However, it’s interesting to see how this relatively tight range will resolve and whether or not the bulls will take a stand or if the correction will deepen.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.
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