Tron (TRX) sees daily 7% gain, as Bitcoin (BTC) struggles to surpass $27K: Market Report

Bitcoin (BTC) has slipped below $27,000 after failing to decisively overcome it over the weekend, with the altcoins also in the red. XRP, MATIC, SOL, and LTC have all lost value by over 2%. BTC’s attempts to break $27,500 last week ended in rejection and pushed the asset down to $26,400. As of now, BTC is still trading in the red on a daily scale and sitting beneath $27,000. Ethereum is among the least harmed altcoins with a minor decline, close to breaking below $1,800. Binance Coin, Polkadot, Cardano, and Avalanche have all dropped by 1%, with Ripple, Dogecoin, Polygon, Solana, and Litecoin slipping by 2-3%. TRX is the only alternative coin from the top 36 that is charting a green candle today, up by about 7% and close to $0.08. The total crypto market cap has lost just over $10 billion and is now under $1.120 trillion.

J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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