Bitbot Unveils Its Mini App UI as Presale Ends, Promises Unique Value Propositions for Cryptocurrency Traders

The crypto market is still consolidating but new projects continue to roll out excellent products to their users. Bitbot is one of the new projects that has been unveiling exciting products and services.

Bitcoin price drops below $65k as whales sell over $1B BTC

Bitcoin price drops below $65 as whales sell over $1B BTC in the last few days It dropped below $1,000. . Meanwhile, altcoins continue to underperform in recent days, with the total crypto market cap currently below $2.4 trillion.

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Bitcoin price falls according to whales

Bitcoin price has performed poorly recently, falling more than 3 percent in the last seven days. The world's largest cryptocurrency is currently trading at $65,000 and has fallen 3 percent in the last seven days.

As previously reported, whales contributed to this decline by selling more than $1 billion worth of Bitcoin in the last few days. These sell-offs are not surprising given that whales have been selling cryptocurrencies en masse for the past few months to make a profit.

As a result, the Bitcoin price has been falling for the past few weeks and is down significantly from the $70k peak. However, the cryptocurrency managed to stay above the $60,000 support set a few months ago.

Altcoins continue to underperform

Unlike Bitcoin, altcoins have underperformed recently. Ethereum, the largest altcoin, is currently trading at $4,700, down less than 1 percent over the past seven days.

Smaller altcoins have performed even worse in recent days, with most falling between 2 percent and 5 percent. These declines may also be linked to whales selling off cryptocurrencies over the past few days.

The total crypto market cap is currently less than $2.4 trillion and is down more than 1 percent in the last seven days. The market cap is now close to $2.3 trillion and whales are likely to sell more cryptocurrencies in the next few days.

Stay tuned for more crypto news.

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