Bitcoin (BTC) Halts at $113K, ASTER Surges by Double Digits: Market Update
Bitcoin Price Movement: Bitcoin experienced a minor decline, failing to maintain its rise above $113,000 and dropping to around $112,400, influenced by comments from Fed Chairman Jerome Powell regarding economic concerns.
Altcoin Performance: Most leading altcoins also saw losses, with Ethereum and Solana down, while Aster and Immutable registered significant gains of 40% and 10%, respectively.
Market Capitalization: Bitcoin's market cap remains steady at approximately $2.24 trillion, with its dominance over altcoins at 56.16%, while the total cryptocurrency market cap has decreased by 0.7% to about $3.98 trillion.
Overall Market Sentiment: Despite the overall downturn in the market, a few altcoins managed to perform well, indicating mixed sentiment among investors in the cryptocurrency sector.
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