Following another sub $36,000 dip, bitcoin bounced off and tapped $37,500 before it was rejected. Most altcoins are somewhat calm on a daily scale, except for a few notable price drops from Terra, ATOM, and NEAR Protocol.
Bitcoin Calm at $37K
Bitcoin’s price has been on a roller-coaster in the past week or so, ever since it started to dump from above $43,000. This culminated in a drop below $33,000 days ago, which became its lowest price tag since late July 2021.
At that point, though, the asset reacted well and started to reclaim some of its lost ground. This resulted in a rapid price surge to $37,000 before the bulls initiated another leg up, in which the cryptocurrency touched $39,000.
After the Fed’s meeting in regards to its interest rates, though, BTC dumped once again by several thousand dollars to around $35,500. Another similar price decrease transpired in the past 24 hours before bitcoin shot up to $37,500.
The bears halted this leg up and pushed the asset down to its cur
We współpracy z: https://cryptopotato.com/bitcoin-volatility-continues-luna-dips-13-market-watch/
