Crypto
Bitcoin Stuck at $63K as Altcoin Gains Continue
Bitcoin's price continues to struggle, unable to break through the $65,000 barrier it reached earlier in the week. The asset dipped to a 17-day low of $62,400 before rebounding to its current price of $63,000.
The correction pushed Bitcoin's market cap down to $1.265 trillion on CG, while its dominance over altcoins has settled at 56%.
In contrast to the struggles of Bitcoin, some altcoins are experiencing significant gains. Audiera's BEAT is leading the pack, surging by 22% in the past 24 hours to reach a price of $4.60.
Another altcoin, MemeCore (M), has also seen double-digit growth, increasing by 11% to $1.10. While most larger-cap altcoins are in the red, some exceptions include XMR, HBAR, and SHIB, which are all showing gains.