Weekend Watch: Bitcoin With Another Failed Attempt at $20K

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Weekend Watch: Bitcoin With Another Failed Attempt at $20K
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Bitcoin's dominance gained almost 2% in the past week or so, even though the asset failed to reclaim $20,000.

This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:In a matter of hours, BTC had dropped below $18,000 before returning to a familiar trading range between $19,000 and $20,000. As Friday was coming to its end, bitcoin pumped once more, touched $20,000, but was stopped and pushed back down to $19,300 as of now.

Nevertheless, BTC’s dominance has gained about 2% in a week and is up to 39.5% now. It even touched 40% earlier this week.The alternative coins are somewhat untypically calm now, having failed at marking impressive gains yesterday. Ethereum’s post-Merge struggles continue. It traded above $1,600 when the transition to PoS was completed just over two weeks ago but dumped to $1,200 in the following days. Since then, it has recovered some ground, but it’s unable to break above $1,350.lately, perhaps fueled by the positive developments on the case against the SEC. Now, though, XRP has retraced slightly by 3% in a day after touching $0.5 yesterday.From the mid-cap alts, Uniswap and QNT are the only ones with notable gains now.

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