After failing to reclaim the $50,000 level, BTC faces renewed selling pressure in the short term. However, short-term headwinds don’t negate the bull market.
Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term correction for the flagship digital currency.Bitcoin fell to a session low of $45,127.01, according to TradingView, before staging a modest recovery to around $45,400. The largest cryptocurrency by market capitalization is down 5% on the day and over 20% in the last seven days. The Bitcoin price braces for short-term volatility. Source: TradingViewThe selloff in BTC contributed to a market-wide correction for crypto assets, as Ethereum (ETH) fell 7%, Polkadot (DOT) declined 10% and Binance Coin (BNB) edged down 3%. The crypto selloff intensified on Sunday, as the total market capitalization of all assets fell from a high of $2.3 trillion a
AMBCryptoAltseason or not, here’s what separates and makes Bitcoin ‘better than the rest’
Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed…
