ApeCoin APE Falls 10 Following Recent Rebound Bitcoin BTC Recovers 2K Daily Market Observation

Coin World News Report:
The price trend of Bitcoin worsened yesterday, falling to $65,000, but the asset has managed to recover most of the losses so far.
Except for ADA and ETH, most altcoins also saw a rebound, and both tokens are currently in a loss state.
BTC recovers $2,000
After a relatively calm weekend, the major cryptocurrency made a move at the start of this week, after being in a narrow range of $68,000 to $68,500. On Monday morning, it soared to $69,500, reaching its highest price in nearly three months.
However, things started to change in the following hours, and BTC found itself falling below $67,000 on the same day. Tuesday saw smaller fluctuations as the cryptocurrency remained around this level.
Bears persist
However, this led to another round of decline, resulting in the price falling to $65,000 yesterday on Bitstamp. This is the lowest position for Bitcoin since October 15th.
However, the asset has since recovered over $2,000. Its current trading price is slightly above $67,000, with a CG market value of $1.326 trillion. Its dominance over alts has also increased to 54.9%.
Bitcoin/Price/Chart 24.10.2024. Source: TradingView
APE downhill
The biggest winner over the weekend was undoubtedly the native asset of ApeCoin. Following the release of the Apechain protocol, the popular meme coin exploded by three digits on Sunday. It reached a several-month peak of $1.7 for alts in the top 100. However, it has lost some momentum since then. In the past 24 hours alone, APE has dropped by 10% and is currently struggling at $1.14.
In contrast, GOAT and SAFE have entered the top 100 after rising by 32% and 79% respectively in the past day. POPCAT surged by 17%, followed by MEW (12%), JUP (8%), and PYTH (6.6%).
Cardano, Ethereum, Shiba Inu, and Chainlink are in the red among the large-cap stocks, while SOL, BNB, TRX, SUI, and UNI have turned green.
The total market value of cryptocurrencies is roughly the same as yesterday, with a CG slightly above $2.4 trillion.
Cryptocurrency market overview. Source: QuantifyCrypto