Bitcoin Struggles Below $19K, XRP Only Green Asset in Top 10 (Market Watch)
While bitcoin and most larger-cap alts are in the red again, XRP stands out as the only gainer.
Yesterday’s 6% recovery from bitcoin was somewhat short-lived, as the asset has returned below $19,000 as of now.
Most alternative coins are in a similar state, with minor daily losses. XRP has popped out as the only gainer (once again) from the larger-cap alts.
BTC Back Below $19K
Ever since bitcoin was rejected at $23,000 last week, the situation with the asset has been quite dire. It fell by several thousand dollars once the US CPI numbers came out and dropped to $20,000.
While that level held at first, it gave in a day later, and bitcoin found itself trading below it for the first time in weeks. It spent most of the weekend around $20,000 and briefly pumped to $20,500 on Sunday.
However, Monday came with more price losses, and bitcoin slumped to a three-month low of $18,300. The bears intercepted the move and didn’t allow any further nosedives. They pushed the cryptocurrency north, and BTC touched $19,500 yesterday.