Bitcoin Dominance Down 5% Weekly as BTC Dropped to New 18-Month Low
The bears continue to have complete over the market as they pushed bitcoin to year another 18-month low of $17,500. The altcoins are in a state of despair as well, with ETH standing below $1,000 and BNB beneath $200.
Last weekend started a massive price correction for bitcoin, which had dropped from $29,000 to $23,000 by Monday. The following several days brought little joy for the bulls as BTC continued to lose value and fell to $20,000 on a few occasions. Although the bulls defended that level at first, it almost felt inevitable that it will give in. And it indeed did so on Saturday morning when the primary cryptocurrency plummeted below that coveted line and beneath the 2017 ATH. #TOGRP
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