Bitcoin Rejected At $59K While LUNA Soars 60% To New ATH

Bitcoin rejected at $59K while the rest of the cryptocurrencies such as LUNA added more gains in one week that resulted in a new ATH. LUNA added more than 60% in one week so let’s read more in our latest bitcoin news today.

Bitcoin rejected at $59 as it tried to surpass the $59,000 but failed once again and then dropped by a few thousand dollars while the most altcoins stalled on a daily scale. Terra is among the best performers lately which resulted in reaching a new all-time high at $65. Bitcoin initiated an impressive leg up where it added more than $4000 in a few hours and surpassed $58,000. right after, the cryptocurrency challenged $59,000 for the first time in one week but to no avail. After the rejection, BTC tried once again but it then surpassed the $59,000 line with the bears stepping up and pushing it south.

The same scenario repeated once again when Bitcoin traded around $57,000 before it managed to increase and reach $59,000. however, it failed to conquer and then dumped below $56,000 a few hours later. As of now, it reclaimed some ground and then stands around $57,000 with a market cap being well below $1.1 trillion and the dominance over the altcoins sitting below 41%. The second-biggest cryptocurrency came 1% away from reaching a new all-time high a day ago but it was unable to surge above $4800 but then was rejected at that time and the bears now drove ETH below $4600 after a 24-hour drop. Binance coin lost a similar percentage of 3% and trades around $620. Cardano dropped by 3%, ripple also dropped by 3%, Avalanche dropped by 6%, Shiba followed by the same percentage as well.

On the contrary, Solana and DOGE saw slight gains with Terra on the other hand being the best performer after a double-digit surge while LUNA painted a new all-time high record hours ago at $65, being up by 60% in one week. More gains were evident from Stacks which increased by 27%, Curve Dao token that increased by 19%, Voyager token which increased 35%, and MATIC that increased 13%.

Basic Attention Token hit a new all-time high being up 9.9% at press time and reached $1.8. BAT is the native cryptocurrency for the privacy-centric web browser Brave so instead of tracking the users’ behavior and showing ads, Brave allows users to earn the BAT token for seeing ads voluntarily.