ZEC has fallen sharply again in the last 24 hours.
Expectations of a very volatile Friday due to numerous major events in the US did not really materialize, and BTC has calmed down at $90,500.
Most of the larger cap alts have remained sluggish over the past 24 hours, with ETH struggling below $3,100 and XRP close to breaking below $2.10.
BTC calm
The leading cryptocurrency started the trading week on the right foot, rising to nearly $95,000 on Tuesday morning. This impressive price jump came after the volatile weekend, which saw bitcoin defend the $90,000 support even after the United States carried out a successful military operation in Venezuela and captured its president.
However, after that multi-week spike, BTC faced immediate rejection. It fell to $91,200 almost immediately, before jumping to $94,000, only to stop once again. Its nosedive continued as the week progressed and fell to just over $89,000 on Thursday. The bulls managed to contain the losses and took it to $92,000 yesterday.
More volatility was expected throughout the day as the US Supreme Court was scheduled to release its decision on the legality of Trump’s tariffs. However, the decision was delayed and BTC remained relatively stagnant as it is now trading at $90,500, with little to no movement in the last 12 hours.
Its market capitalization amounts to $1.81 trillion, while its dominance over alts is close to 57% on CG.
POL up, ZEC down
ETH, XRP, SOL and DOGE are slightly in the red on a daily scale. As a result, ETH is a few centimeters below $3,100, while XRP is teetering at $2.10. SOL has fallen to $136, while DOGE is at $0.14. ZEC has fallen the most of the larger cap alternatives, losing 12% of its value to $380 at press time.
In contrast, POL has soared 17% and now stands near $0.17. TAO and SUI have also marked gains over the past day, while BNB is above $900 and TRX is near $0.30.
The total crypto market capitalization has increased by around $20 billion in one day, and now stands at $3.18 trillion.
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