Bitcoin delayed the breakout beyond $25,000 as it faced a significant rejection and dropped below $24,000
While some altcoins thrived high, some of them fell into a deep bearish well, losing more than 10% of its value
It was after 6 long months, Bitcoin surged beyond $24,000 and displayed huge potential to slice through $25,000. Woefully, the bulls drained out of strength and the price faced a notable pullback. In the meantime, the altcoins like Aptos (APT) plunged heavily while Filecoin (FIL) leads the gainer’s list.
Filecoin(FIL)
Filecoin price kick-started a notable upswing in the first few days of February but soon dropped below $5 after maintaining a stagnant trend for a while. However, the price rebounded and soared beyond $6.5 with a huge spike in the trading volume of more than 300% and a notable jump in the market capitalization of more than 22% with an equal price rise as it approaches $7.
Aptos (APT)
The price maintained a descending trend from the first few days of February and despite a bullish push, failed to regain the lost levels. Presently, the price has dropped by more than 9% in the past 24 hours with a drop of more than 5% in the trading volume that plunged below $1 billion. The APT price is trading around $14.54 after recording a drop from the $16.27 level in the past 24 hours.
Source: https://coinpedia.org/price-analysis/crypto-live-price-today-this-is-how-altocins-reacted-with-the-bitcoin-price-plunge/