This Week in Crypto: Broader Market Continues Moving Sideways

This Week in Crypto: Broader Market Continues Moving Sideways


TipRanks
2022-06-30 23:36:52

Most cryptocurrencies are still trying to recover lost ground, with only a handful of altcoins making positive strides over the last week. The global crypto market capitalization continues to shrink as panic selling reaches new heights. BTC Slides Beneath $20K Following a sharp rebound last week, bitcoin (BTC-USD) has again dropped below the critical support level of $20,000 for the second time this month. That said, compared to previous weeks, BTC has been able to recoup some of its value, registering around a 10% loss over the past seven sessions.