![]() XLM is up by over 4% in a day and trades above $0.13. ![]() Stellar’s native token is the only notable exception from the larger-cap alts. More losses come from the likes of Binance Coin, Cardano, Litecoin, and Solana, with SOL dropping by about 2%. Ethereum, Ripple, Dogecoin, Tron, Polkadot, Polygon, and Shiba Inu have all declined by up to 1%. Most alternative coins have mimicked BTC’s performance as of late, with minor gains yesterday and subsequent retracements today. Its market cap is still just inches above $500 billion, and its dominance over the alts is back down to 48.3%. However, that turned out to be a false breakout, and BTC has lost all the momentum, trading below $26,000 once again now. It finally made a move upwards yesterday when it pumped to a multi-day high at over $26,400. The following days, including most of the business week, went by uneventfully, with the cryptocurrency stuck at the same spot. As such, BTC stood calmly at under $26,000. The bulls finally stepped up at that point and helped bitcoin recover some ground by the time last weekend had arrived. ![]() The subsequent violent rejection pushed the asset to an 11-week low of $25,350. BTC Fails at $26Kīitcoin’s price performance has been anything but impressive for the past 10 days or so, ever since it shot up by $2,000 and then dumped by almost $3,000 days later after Grayscale’s win over the SEC. The altcoins are also slightly in the red today, with BNB, ADA, and SOL retracing by over 1%. Bitcoin spiked to a multi-day high above $26,400 yesterday, but that was short-lived, and the asset has returned to a familiar sight at under $26,000.
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