PEPE Tanks Double Digits as Bitcoin Gets Rejected at $75K: Market Watch

Bitcoin’s rebound attempt fell short at $75,000 yesterday, and the asset has lost over $1,500 since then, currently fighting to stay above $73,000 once again. Most altcoins have mimicked BTC’s performance over the past day, with ETH sliding by more than 0.5%, while BNB is down by 1.2%. ZEC continues to be on the wrong side of the $1,000 barrier. BTC Fails Again The primary cryptocurrency went on a violent rollercoaster a week ago after the conclusion of the US midterm elections. It dipped to $75,600 after the results came in, then skyrocketed to $81,000 12 hours later, reaching a local peak. The volatile trading sessions continued a day later, on Thursday, but in the opposite direction.

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