Bitcoin Dumped to 2-Week Low, ApeCoin Nosedives 8% (Market Watch)

The altcoins are in no better shape, with ETH slipping below $1,800 and ADA dumping by 3% in a day. BTC Down to 2-Week LowAfter the price slumped to $26,500 last week, bitcoin recovered most losses and stood at and above $27,000 during the weekend. The start of this week was even more positive as the cryptocurrency jumped to $27,500 on Tuesday to chart a multi-day high. Despite bouncing off and recovering a few hundred dollars since that low, bitcoin is still around 2% down on the day. However, ApeCoin and Algorand have dumped the most from the top 50.