Crypto Market Cap Lost $100B in 3 Days as Bitcoin Drops Below $30K (Weekend Watch)

Bitcoin’s affair above $30,000 didn’t last long once again, as the asset fell beneath that level rather violently and even dipped to $29,000.

In fact, BTC spiked to a multi-week high of $32,400, which gave the community expectations that the worst might be over.

Bitcoin tried its hand at $30,000 once again yesterday, and it seemed like a successful attempt at first, but the situation changed shortly after.

Nevertheless, its 2% down on the day, and its market capitalization has declined to $565 billion.

Binance Coin struggles to sustain $300 after a similar decline.

SOL, amid the latest network issues, has lost another 8% of value and is now well below $40.

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