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BTC hits a new low for April at $27,000 as altcoins continue to struggle

Bitcoin drops to lowest position in April, while altcoins suffer even more

The world’s most popular cryptocurrency, Bitcoin (BTC), has continued its downward spiral, hitting a 25-day low of $27,000.

Other altcoins have fared even worse, with Dogecoin experiencing significant losses, while APT and OKB have experienced the biggest slump among mid-cap altcoins.

BTC made a significant jump on April 10, soaring past $30,000 for the first time since June 2020. Later that week, it hit its highest price point at just over $31,000 on April 14. However, the following week was less volatile, with BTC hovering around $30,000.

On April 19, things took a turn for the worse, and BTC plummeted to $29,000 within hours. The situation deteriorated over the next few days, with BTC dropping to $28,000 before reaching a low of $27,100 on April 22.

As of now, Bitcoin is trading slightly above $27,000, down by 3% for the day and over 10% for the week. Its market capitalization has declined to under $530 billion after reaching $600 billion a few days ago. Meanwhile, its dominance over the altcoins has taken a break and is close to 46%.


Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.