Bitcoin’s $55K Misery Piles onto Altcoins as Losses Drag
full version at dailycoin
The price of Bitcoin sank to a four-month low on Friday. The decline pushed BTC towards its worst weekly performance in a year. Other coins printed double-digit losses in the last 24 hours. After choppy price movements for the better part of the week, Bitcoin’s (BTC) downward trajectory gathered pace Friday, sending the world’s largest crypto asset by market cap to levels last seen in February. BTC briefly encountered its all-high level of $73,803.25 in mid-March buoyed by the sudden influx of funds from the newly launched U.S. spot ETFs. Inflows to these funds have since ebbed and the
Continue reading on DailyCoin.
![Polkadot [DOT] Surges as Top Gainer: Analysts Predict Breakout to $7](https://i0.wp.com/en.coinotag.com/wp-content/uploads/2024/05/cryptocurrencies36.webp?fit=1792%2C1024&%23038;quality=70&%23038;ssl=1)
