Bitcoin Cash and Litecoin continue to lose momentum, as both are down by over 3% for a second consecutive day.
Bitcoin’s endeavor above $31,000 seems to be short-lived, at least for now, as the asset has retraced to just under that level.
However, the bulls intercepted the move and didn’t allow any further nosedive. BTC went back on the offensive and reclaimed the $30,000 line almost immediately. This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:However, the asset failed to overcome decisively the $31,000 level and currently sits just below it. As such, its market cap has dipped below $600 billion, while its dominance over the alts stands still at 49.6%.Most altcoins have mimicked BTC’s 24-hour performance and have turned red.
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