$BTC Price Retraces to $63K, WIF Dumps by 10% Daily - Crypto Potato Analytics

Irma - Sep 21 - - Dev Community

Bitcoin’s price run after the Fed's rate cut peaked at $64,000 but has since dropped to around $63,000. The asset's market cap is just under $1.25 trillion, with dominance falling to 54.3%. Signs indicate that BTC's upward momentum may be slowing, suggesting a potential further decline.

Altcoins also saw corrections, with minimal movement from ETH, XRP, BNB, and SHIB. More significant drops came from SOL, DOGE, and ADA, down 1-2%, while Toncoin, Avalanche, and NEAR fell 4-5%.

Overall, the total crypto market cap has decreased by $40 billion since yesterday, now sitting below $2.3 trillion, with WIF dropping 10%, leading the top 100 alts in losses.

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