WhiteBIT Coin Defies Market Drop, Bitcoin Hits $109K Wall
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Most altcoins are in the red today.
The latest developments on the Middle East front resulted in enhanced volatility in the cryptocurrency market once again, as bitcoin was stopped at $109,000, pushed south by a few grand, and is trying to recover now.
The altcoins are mostly in the red today, aside from WBT, which has extended its massive run.
BTC’s Up and Down
The geopolitical tension in the Middle East harmed the primary cryptocurrency at the end of the previous business week. At the time, the asset traded close to $108,500, but Israel’s initial attack caught the market off guard, and bitcoin slumped by several grand to under $103,000.
Although Iran retaliated on the next day and the attacks have continued, BTC managed to recover some ground during the weekend and stood between $104,000 and $106,000.
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