Bitcoin rejected at $ 59,000 while LUNA rises 60% on the new ATH

Bitcoin was rejected for $ 59,000 while the rest of the cryptocurrencies like LUNA added more gains within a week, resulting in a new ATH. LUNA is up over 60% in a week, so check out our latest Bitcoin news today.

Bitcoin was rejected at $ 59 when it tried to break above $ 59,000 but failed again and then lost several thousand dollars while most altcoins stalled on a daily scale. Terra is one of the youngest performers, leading it to a new all-time high of $ 65. Bitcoin started an impressive rally as it added more than $ 4,000 in just a few hours and broke the $ 58,000 mark. Shortly thereafter, this cryptocurrency challenged $ 59,000 for the first time in a week, but to no avail. After the rejection, BTC tried again, but then broke the $ 59,000 line when the bears rose and pushed them south.

The same scenario repeated again when Bitcoin traded around $ 57,000 before rebounding to hit $ 59,000. However, it failed to conquer and fell below $ 56,000 a few hours later. It has some ground now and then reclaimed around $ 57,000 with a market cap of less than $ 1.1 trillion and a dominance over altcoins of less than 41%. The second largest cryptocurrency lost 1% and hit a new all-time high a day ago, but it didn’t go above $ 4800 but was rejected then and the bears are gone now. Binance Coin lost a similar percentage of 3% and is trading for $ 620. Cardano is down 3%, Ripple is down 3%, Avalanche is down 6%, followed by Shiba with a similar percentage.

In contrast, Solana and DOGE have slight gains, with Terra being the best performer after double-digit gains, while LUNA hit a new all-time high a few hours ago at $ 65, up 60% in a week. More returns were seen from stacks up 27%, Curve Dao tokens 19%, Voyager tokens 35% and MATIC 13%.

The underlying attention token hit a new all-time high of 9.9% at press time, hitting $ 1.80. BAT is the native cryptocurrency for web surfing, focused on courageous privacy. Rather than tracking user behavior and showing ads, Courageous allows users to earn BAT tokens to volunteer to view ads.