MYX Finance Skyrockets by Double Digits as Bitcoin Price Calms Below $110K: Weekend Watch

Following a painful and volatile trading week, in which BTC saw its price tumble by over six grand, the cryptocurrency has finally calmed over the weekend, around $109,500. Most larger-cap alts have produced little to no volatility since yesterday, but some of the smaller caps have gone on a ￰0￱ Calms at $109.5K It was just over a week ago when the primary digital asset challenged the $118,000 resistance, only to fail and begin a more profound and violent ￰1￱ first, the asset was driven south to $115,500 during the previous weekend before the bears took complete control of the market on ￰2￱ first leg down pushed bitcoin to a 10-day low of $112,000 in what appeared to be a flash ￰3￱ quickly bounced off to $114,000, but the bears didn’t let go and kept the pressure ￰4￱ a result, BTC slumped to a three-week low of under $109,000 as the week ￰5￱ losing over $6,000 from Monday to Thursday, bitcoin finally ￰6￱ even jumped past $110,000 briefly on Friday, but to no avail, and was pushed south to $109,500, where it has been positioned for most of the ￰7￱ market cap continues to struggle at $2.180 trillion, while its dominance over the alts is up to 56.5% on CG.

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