The past 24 hours saw Bitcoin’s price attempt a shot at $31K and maintain its dominance over the rest of the market.

It’s worth noting that some altcoins performed incredibly well, charting gains close to 30%. Let’s dive in.

Bitcoin Price Taps $31K

As CryptoPotato reported yesterday, Bitcoin’s price soared to $31K, sparking a wave of liquidations totaling upward of $100 million.

It’s worth noting that Bitcoin’s dominance – the metric which tracks its share relative to that of the rest of the market – is also up. This signifies that the primary cryptocurrency has been performing a lot better compared to altcoins.

Unfortunately for the bulls, they were unable to sustain the price above $31K. Sellers stepped in and pushed it below this level to where it currently trades at around $31,600.