Bitcoin hits $ 12K, crashes $ 800 in minutes; Ether, XRP still green

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Source: Adobe / Sodel Vladyslav

The most popular cryptocurrency, bitcoin (BTC), started on a volatile note on Sunday, as its price fell more than $ 800 in 25 minutes after surpassing $ 12,000, once again causing a sell-off on the market. whole market.

At pixel time (06:31 UTC), BTC is trading at $ 11,261, after rebounding from $ 11,130, from $ 12,041, reached earlier today (UTC). The last time BTC exceeded this level was in August 2018.

The price is down 3.6% in one day, reducing its weekly gains to 16%. BTC is up 23.5% in a month and almost 5% in a year.

BTC price table

Source: coinpaprika.com

The other major coins in the top 10 are down 2% to 7%, except Ethereum (ETH) and XRP which are up 4% ($ 372) and nearly 7% (0.286 USD) per day, respectively. However, both coins also fell sharply. Earlier today, ETH hit $ 409, while XRP hit $ 0.323.

Total market capitalization fell 2% to $ 342 billion. Bitcoin’s dominance, or the percentage of total market cap, slipped less than 1 percentage point, to 60.6%.
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