Bitcoin continues its downward trend, losing ground below the $80k mark, exerting pressure on the overall cryptocurrency market.
Bitcoin Price Instability
The price of Bitcoin continues to fluctuate, nearing the $80k mark amid a lack of bullish news. Today, the price dropped to $81,384, increasing selling pressure with expected volatility at the week's start.
Altcoins Dynamics
Following Bitcoin, major altcoins are also experiencing negative dynamics. Ethereum (ETH) dipped 3% to a daily low of $1,775, while Solana (SOL) followed suit, down 13% over the past week. However, certain altcoins like SAFE are showing positive growth.
Today's Crypto Market
Amid high volatility, the crypto market today presents mixed results. Leaders in growth include SAFE and EOS, which rose by 8% and 6%, respectively. On the losing side, NEO saw a 23% drop.
With the current market situation, investors face uncertainty and high volatility, complicating investment decisions.
