Bitcoin
Recall the highly fluctuating price movements that bitcoin encountered last Monday when the asset plunged from $106,000 to under $100,000 in the morning, just to skyrocket by over nine grand in an hour or so to paint a new all-time high above $109,000.
Once Trump’s inauguration finished and he ignored crypto during his speech, BTC slumped once again but maintained the $100,000 level. It remained within six-digit territory by the end of the week and even jumped to $107,000 on Sunday.
Monday, though, began with similar volatility as BTC slumped once again. This time, though, it fell below $100,000 and dropped to a multi-week low of under $98,000, leaving millions in liquidations.
Nevertheless, the bulls stepped up once again and helped the asset recover a big portion of its losses. Earlier today, BTC jumped to $103,000, but it is closer to $102K.
Its market cap has shot up to over $2 trillion, while its dominance over the alts is just shy of 56% on CG.
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