{"id":640681,"date":"2023-04-23T10:08:57","date_gmt":"2023-04-23T15:08:57","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/23\/bitcoin-unable-to-reclaim-28k-radix-xrd-pumps-13-daily-market-watch\/"},"modified":"2023-04-23T10:08:57","modified_gmt":"2023-04-23T15:08:57","slug":"bitcoin-unable-to-reclaim-28k-radix-xrd-pumps-13-daily-market-watch","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/23\/bitcoin-unable-to-reclaim-28k-radix-xrd-pumps-13-daily-market-watch\/","title":{"rendered":"Bitcoin Unable to Reclaim $28K, Radix (XRD) Pumps 13% Daily (Market Watch)"},"content":{"rendered":"
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The cryptocurrency market took a beating throughout the past week, losing well over $100 billion in the process. This comes on the back of considerable losses across the board, with BTC\u2019s price still unable to reclaim the $28K level.<\/p>\n

Bitcoin Price Below $28K<\/h2>\n

Bitcoin managed to recover a slight 1% throughout the past 24 hours but is still down a lot over the week.<\/p>\n

\"BTCUSDT_2023-04-23_10-34-36\"<\/a>
Source: TradingView<\/figcaption><\/figure>\n

That said, the cryptocurrency is unable to reclaim the $28K, and it\u2019s apparent that the bulls are struggling to regain control. Over the past week, it lost about 9% but still managed to significantly outperform the rest of the market.<\/p>\n

This is evident in Bitcoin\u2019s dominance \u2013 the metric used to gauge its share relative to that of the rest of the market. At the time of this writing, it stands at 44%, up 4% during the past seven days. This suggests that BTC managed to perform a lot better than altcoins.<\/p>\n

Radix Stands Out, Gains 13%<\/h2>\n

Radix (XRD) is up 30.9% during the past seven days, gaining around 13% in the past day alone. The cryptocurrency still lost a lot of value during that period but remains the absolute best performer in both time frames.<\/p>\n

WOO Network (WOO) is also up around 11.5%, followed by BitTorrent (BTT), which is up 6%. On the other end of the spectrum, there\u2019s Arbitrum\u2019s ARB, which lost around 2.3%. In general, the market was relatively flat throughout the past 24 hours.<\/p>\n

\"crypto_heatmap_2304231\"<\/a>
Source: Quantify Crypto<\/figcaption><\/figure>\n

Ethereum continues trading below $1,900, while XRP lost the pivotal $0.5 level. It\u2019s interesting to see whether or not the sentiment will shift or if there\u2019s more pressure ahead.<\/p>\n

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.<\/span><\/span><\/p>\n<\/div>\n

Cryptocurrency charts<\/a>\u00a0by TradingView.\n<\/p>\n<\/div><\/div>\n

<\/div>\n<\/section>\n

Read More<\/a>
\n Rebecka Culton<\/p>\n","protected":false},"excerpt":{"rendered":"

The cryptocurrency market took a beating throughout the past week, losing well over $100 billion in the process. This comes on the back of considerable losses across the board, with BTC\u2019s price still unable to reclaim the $28K level. Bitcoin Price Below $28K Bitcoin managed to recover a slight 1% throughout the past 24 hours […]<\/p>\n","protected":false},"author":1,"featured_media":640682,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,534,29184],"tags":[],"class_list":["post-640681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-financial","category-unable"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/640681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=640681"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/640681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/640682"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=640681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=640681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=640681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}