Home » Bitcoin Breaks $24K, Altcoins Take a Hit #Bitcoin #Altcoins #Crypto #BTCDominance #CryptoMarketCap #LidoDAO #MANA

Bitcoin Breaks $24K, Altcoins Take a Hit #Bitcoin #Altcoins #Crypto #BTCDominance #CryptoMarketCap #LidoDAO #MANA

by Natalie Christie

Bitcoin has been on a tear lately, hitting a five-month high of just under $24,000 in the past 24 hours. This has helped the BTC dominance increase to over 42.5%, with the altcoins slightly in the red on a daily scale. The asset jumped from $21,000 to over $23,000 last week, and then again to $23,968 on Monday morning. However, the bears pushed BTC south by almost $1,000, and it now stands just inches above $23,000. The overall crypto market cap has remained above $1.050 trillion, with Ethereum sitting below $1,600 and BNB sustaining above $300. Most of the altcoins have seen losses, with Lido DAO’s native cryptocurrency slipping by over 5%. MANA is among the few larger and mid-cap alts with daily gains, being 4% up on the day. Bitcoin’s impressive rally has put many of the 2019 buyers in profit, and it remains to be seen if the asset can continue its upward trajectory.

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