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  • Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
  • Crypto

Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops

cryptovert October 4, 2024 1 min read

BTC
rebounded
to
$61,500
during
the
Asian
trading
hours
from
Wednesday’s
very
brief
dip
below
$60,000,
but
turned
lower
during
the
European
and
U.S.
sessions.
The
largest
cryptocurrency
changed
hands
around
$60,700
recently,
up
1%
over
the
past
24
hours.

Meanwhile,
the
broad-market
benchmark

CoinDesk
20
Index

fell
1.5%
during
the
same
period,
indicating
the
weakness
in
the
rest
of
the
digital
asset
market
relative
to
BTC.
Ethereum’s
ether

(ETH)

was
down
1%,
while
Ripple’s
XRP

(XRP)
,
Solana

(SOL)
,
Avalanche

(AVAX)

and
Render

(RNDR)

led
losses
among
altcoin
majors.

Continue Reading

Previous: NFT Mania Is Back? Maybe Not, but a CryptoPunk Just Sold for a Record $56.3M
Next: IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin

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