Bitcoin Dips Below $5,000 as Crypto Market Trend Slightly Reverses to Red

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Thursday, April 4 — following its first major bullish move in 2019, the crypto markets reversed to see red today, with Bitcoin (BTC) having dipped below the $5,000 threshold.Out of the 20 top coins by market cap, only two altcoins are seeing some growth over the day. Ranked 17th and 18th by market cap, NEO (NEO) and Ontology (ONT) are up around 4.4 and 3.8%, respectively.Market visualization from Coin360The biggest cryptocurrency, Bitcoin, is trading at $4,972, down around 2% over the past 24 hours. Having hit a multi-month high of $5,303 earlier on the day, Bitcoin is struggling to hold the $5,000 support, having dropped below the mark five times to date. The intraday low has amounted to $4,924.With that, Bitcoin is holding significant momentum, up 22% over the past 7 days.Meanwhile, Bitcoin’s dominance on the market has slightly increased, accounting for 51% of the market at press time, with…

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