It was looking so promising for Bitcoin (available on Coinbase) price last week. The largest coin by market cap surged passed the $4,000 USD mark, only to crash back down on Sunday, February 24th.

Bitcoin (available on Coinbase) Price Drop

Bitcoin (available on Coinbase) dropped a huge $400 USD in just 30 minutes, declining 10% from $4,150 to roughly $3,805 in a short space of time.

There was no catalyst for the sudden drop, except for investors taking their profits while they can.

$4,180 was a six-week high for the coin, and while the price has dropped, daily volumes are still at year-highs of over $10 billion. The coin managed to clamber up $700 in value across last week.

Today is telling a different story for Bitcoin (available on Coinbase) price: BTC is up 1.71% and selling for $3,894 USD at the time of writing according to CoinMarketCap.

ALTCoins Drop Too

As is usually the case, when Bitcoin (available on Coinbase) price suffers a decline, aLTCoins also take a tumble.

Ethereum (available on Coinbase) (ETH) lost almost 9% in the same period and fell to $139, having started the day at $148. Now, it too has repaired some losses and is back in the green by 0.37%. ETH is currently selling for $140.90.

The third largest coin by market cap, Ripple (available on Binance) (XRP), also told a similar story. It lost roughly 7% in the last 24 hours but has rebounded today. XRP currently trades at $0.31 USD and is up 3.30%.

ALTCoins Soaring

Bitcoin (available on Coinbase) price is being outshone today by two coins in the top ten. Litecoin (available on Coinbase) (LTC) and Bitcoin (available on Coinbase) Cash (BCH) are both rebounding well after the weekend’s crash.

Litecoin (available on Coinbase) is trading at $47.06 USD and is up 4.70% on the day.

Bitcoin (available on Coinbase) Cash is today’s biggest gainer, however, trading at $138.49 USD per coin; it is up 4.87% at the time of writing.