$BTC briefly dipped to the $59,678 mark before rebounding to $61,278, with most of the sell-off occurring during US hours. This marked the first time $BTC had traded below $60k since early March.
Following the recent sell-off, Bitcoin Dominance has returned to 55.5%, while ETH/BTC stands at the 0.485 level.
In the altcoin sector, Worldcoin has introduced its own layer2 solution called World Chain, $OMNI has been listed on Binance, and Merlin Chain is set to be listed on OKX.
Most altcoins are trading in negative territory, with $WIF, $TAO, and $RDNR being the biggest losers, while the biggest gainers were $INJ, $MNT, and $KAS.