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Bitcoin price is still struggling below $90,000. It rose over the past few hours and reached near $90,000 but failed to break above this psychologically important level.
Bitcoin price fell and fell below the $92,000 level due to geopolitical tensions between the United States and the European Union over Greenland and Trump’s threat to impose tariffs, which negatively impacted the market.
Taking into account the market value of Bitcoin, it has not been greatly affected, remaining at 1.7 trillion US dollars, and its market dominance exceeds 57%.
Bitcoin’s high dominance does not leave room for other digital currencies to breathe and move as they are still under pressure, with some exceptions such as HYPE Coin.
The HYPE token has gained 23% in the past 24 hours, reaching a yearly peak of $27.49.
For your information, the currency has gained over 600% since November 2024, which clearly proves that the crypto market still offers and there are still many promising projects that can be grabbed early.
Also read:
Numbers suggest XRP and ADA are currently worth less than Bitcoin: Details
