{"id":3099,"date":"2024-09-03T08:44:40","date_gmt":"2024-09-03T08:44:40","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=3099"},"modified":"2024-09-03T08:44:40","modified_gmt":"2024-09-03T08:44:40","slug":"bitcoin-btc-price-taps-59k-dogwifhat-wif-skyrockets-12-daily-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=3099","title":{"rendered":"Bitcoin (BTC) Price Taps $59K, Dogwifhat (WIF) Skyrockets 12% Daily (Market Watch)"},"content":{"rendered":"

After several days of trading sideways and mostly losing value, BTC\u2019s price went on the offensive in the past 12 hours or so and even neared $60,000.<\/p>\n

The altcoins are also slightly in the green today, with more impressive gains coming from the likes of BNB, SOL, XRP, and DOGE.<\/p>\n

BTC Taps $59K<\/h2>\n

The past week didn\u2019t go well for the primary cryptocurrency, even though it started quite positively, with a surge to just over $65,100. However, the bears came out of the woods and didn\u2019t allow any further increases.<\/p>\n

Just the opposite, bitcoin started to lose ground fast and had dumped to $58,000 by Wednesday. After another unsuccessful breakout stopped at $61,000, the asset retraced even further. This culminated<\/a> in a price drop to under $57,200 recorded yesterday, which became its lowest level in about two weeks. Perhaps the most probable reason behind these declines was the outflows<\/a> from the spot Bitcoin ETFs.<\/p>\n

The bulls finally stepped up at this point. They initiated a leg-up that pushed the cryptocurrency to just under $60,000 earlier today. Nevertheless, it failed to overcome that level and the subsequent rejection has driven it south by about a grand.<\/p>\n

Its market cap has increased slightly to $1.160 trillion, but its dominance over the alts is down to 53.9% on CG.<\/p>\n

<\/a>Bitcoin\/Price\/Chart 03.09.2024. Source: TradingView<\/p>\n

WIF in the Zone<\/h2>\n

Most altcoins have charted some gains in the past 24 hours after the recent declines. ETH has jumped to over $2,500 after a 1.5% daily increase, while BNB is the top performer from the larger caps. Binance Coin has soared by 4.5% and now trades close to $535.<\/p>\n

SOL, XRP, and DOGE are also up by over 2%, while TRX is among the few larger-cap alts in the red.<\/p>\n

SUI has soared by 6% to $0.8, but even more impressive gains come from the likes of OM, WIF, and FLOW. All of those have charted double-digit increases, with OM and WIF soaring by 12%.<\/p>\n

The total crypto market cap has recovered about $50 billion daily and is up to $2.160 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Bitcoin (BTC) Price Taps $59K, Dogwifhat (WIF) Skyrockets 12% Daily (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After several days of trading sideways and mostly losing value, BTC\u2019s price went on the offensive in the past 12 hours or so and even neared $60,000. The altcoins are also slightly in the green today, with more impressive gains coming from the likes of BNB, SOL, XRP, and DOGE. BTC Taps $59K The past […]<\/p>\n","protected":false},"author":0,"featured_media":3100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/3099"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3099"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/3099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/3100"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}