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Bitcoin’s price went toward $60,000 yesterday and even surpassed it briefly, but the bears took control once again and pushed the asset below that line.
The altcoins are untypically sluggish on a daily scale, with most, aside from ETH and BNB, in the red.
<h2 id="btc-stopped-at-60k">BTC Stopped at $60K</h2>
After the highly volatile and painful start of the previous business week, bitcoin started to recover some of the recently lost ground and jumped from <a href="https://cryptopotato.com/over-500-billion-gone-from-crypto-markets-since-friday-here-are-the-biggest-losers-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">under $49,500</a> (on Monday) to almost $63,000 by Friday. However, it failed to maintain its run and started to lose value gradually.
The weekend was a lot less eventful than the previous one, and BTC stood primarily at around $61,000. Once Monday arrived, though, the bears came out of the woods again and <a href="https://cryptopotato.com/here-are-todays-biggest-losers-as-bitcoin-btc-dumps-below-59k-market-watch/" data-wpel-link="internal" rel="noopener noreferrer nofollow">pushed the cryptocurrency south</a> to just under $58,000.
Nevertheless, the massive crash from the previous Monday didn’t transpire, and bitcoin started to recover some ground. In fact, it even surpassed $60,000 but was once again stopped there and pushed back down to its current position of around $59,000.
Its market capitalization has increased slightly to just under $1.170 trillion, while its dominance over the alts is at 53.6%.
<figure id="attachment_353167" aria-describedby="caption-attachment-353167" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-353167" src="https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13.png" alt="Bitcoin/Price/Chart 13.08.2024. Source: TradingView" width="1835" height="819" srcset="https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13.png 1835w, https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13-300x134.png 300w, https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13-1024x457.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13-768x343.png 768w, https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13-1536x686.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/08/BTCUSD-13-50x22.png 50w" sizes="(max-width: 1835px) 100vw, 1835px"></a>
 <figcaption id="caption-attachment-353167" class="wp-caption-text">
 Bitcoin/Price/Chart 13.08.2024. Source: TradingView
 </figcaption>
</figure>
<h2 id="eth-bnb-with-minor-gains">ETH, BNB With Minor Gains</h2>
Ethereum and Binance Coin are among the few altcoins in the green today. Both assets are up by around 2% to $2,640 and $520, respectively. In contrast, SOL, XRP, ADA, TRX, AVAX, SHIB, and DOT have all charted insignificant losses.
SATS has gained the most from the top 100 alts, having surged by 18% in the past day. In contrast, TAO and WIF have lost the most value. The former is down by 6%, while the popular meme coin has declined by 5%.
The cumulative market capitalization of all crypto assets has added under $20 billion since yesterday and is just shy of $2.180 trillion.
<figure id="attachment_353168" aria-describedby="caption-attachment-353168" style="width: 100%" class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707.png" data-wpel-link="internal" rel="noopener noreferrer nofollow"><img class="size-full wp-image-353168" src="https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707.png" alt="Cryptocurrency Market Overview. Source: QuantifyCrypto" width="1882" height="828" srcset="https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707.png 1882w, https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707-300x132.png 300w, https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707-1024x451.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707-768x338.png 768w, https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707-1536x676.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/08/Screenshot-2024-08-13-114707-50x22.png 50w" sizes="(max-width: 1882px) 100vw, 1882px"></a>
 <figcaption id="caption-attachment-353168" class="wp-caption-text">
 Cryptocurrency Market Overview. Source: QuantifyCrypto
 </figcaption>
</figure>
The post <a href="https://cryptopotato.com/btc-price-fails-to-reclaim-60k-wif-dumps-5-daily-market-watch/" rel="noopener noreferrer nofollow">BTC Price Fails to Reclaim $60K, WIF Dumps 5% Daily (Market Watch)</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

BTC Price Fails to Reclaim $60K, WIF Dumps 5% Daily (Market Watch)

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