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Bitcoin tried to take down the $52,000 level during the weekend but saw little success and is now down to $51,000 once again.
Ethereum jumped to a new multi-year peak at over $3,100 but was stopped there, while $XRP, $ADA, and $DOGE have turned red now.
$BTC Slips to $51K Again
The past seven days were quite different than the previous ten, in which the primary cryptocurrency gained over ten grand and shot up above $50,000 for the first time in over two years. The last week, though, finally brought some calmness in the market, and $BTC remained relatively still in a range between $51,000 and $52,000.
The most substantial fluctuations came mid-week when Bitcoin soared to $53,000 to tap a new multi-year peak. However, it was quickly driven south and slumped by over two grand in hours.
Since then, $BTC has been unable to resume its bull run and came close to breaking above $52,000 on a few occasions, but to no avail. The last rejection came during the weekend, and the cryptocurrency is now struggling to remain above $51,000.
Its market cap has slipped back down to $1 trillion on CG, and its dominance over the alts is at 48.3%.
$ETH Stopped at $3.1K
Ethereum continued its recent impressive performance in the past 24 hours and skyrocketed to over $3,100 earlier today. This was its highest price tag in almost two years. However, $ETH failed to maintain there, at least for now and has slipped by roughly $100 since then.
BNB also tapped a local peak of $390 earlier today after a 2% increase but has retraced slightly. The rest of the larger-cap alts are in the red, with losses of around 1-3% from the likes of SOL, $XRP, $ADA, AVAX, $DOGE, DOT, and LINK.
In contrast, Flare, Mantle, and $GALA have taken the main stage with double-digit price increases. FLR is up by 19%, MNT by 14%, and $GALA by 10% in the past 24 hours.
The total crypto market cap touched $2.1 trillion on CG today but has declined by $20 billion since then.
