Litecoin (LTC) Soars to 14-Month High Above $100, Bitcoin (BTC) Reclaims $30K (Weekend Watch)

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Litecoin (LTC) Soars to 14-Month High Above $100, Bitcoin (BTC) Reclaims $30K (Weekend Watch)
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BitcoinSV is today's best performer from the top 50 with a 18% surge.

Bitcoin went on a short-lived roller-coaster yesterday but has reclaimed $30,000 after dumping to a 10-day low.

Yet, its dominance over the altcoins has declined a lot on a daily scale, as some, such as LTC, LDO, VET, and BSV, have shot up.After last week’s massive price surge, which drove bitcoin from $26,500 to over $31,000 at one point, the cryptocurrency had calmed and remained in a tighter range between $30,000 and $31,000.

It tried to overcome the latter yesterday when the bulls drove it to a daily high of $31,250. Despite failing there, it initially lost only $200 and remained above $31,000 for a few hours.emerged claiming that the SEC deemed the recent BTC Spot ETF filings, from the likes of BlackRock and Fidelity, as “inadequate.”This is all you need not to miss any price action in the raging crypto markets.

Its market capitalization stands close to $600 billion as of now, but its dominance over the alts has taken a major hit and is down below 50%. In fact, the metric has declined by almost 1% in the past 24 hours.

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