The price of Bitcoin has struggled to surpass $120,000.
According to global cryptocurrency market tracking site CoinMarketCap, as of 9:15 a.m. on the 1st, the price of Bitcoin was $115,318, down 2.19% from 24 hours earlier. Compared to a week ago, it has also decreased by 1%. Although it briefly surpassed $120,000 on the 14th of last month, it quickly fell and has been maintaining a level between $117,000 and $118,000.
Altcoins are also in a downward trend. Ethereum, at a similar time, was $3,659, down 3.79% from 24 hours earlier. Additionally, XRP was down 3.18% at $2.99, Binance Coin (BNB) fell 1.28% to $782.5, and Solana recorded a 3.88% drop to $171.
On the other hand, Ethereum was at $3,707 at a similar time, up 2.19% from 24 hours earlier. In contrast, XRP was down 1.37% at $3.15, Binance Coin (BNB) decreased by 0.26% to $773.66, and Solana saw a drop of 3.39% to $183.35, showing a downward trend except for Ethereum.