Bitcoin continues to fight for less than $57,000 as it tries to regain its lost glory.

On Monday, Bitcoin began an impressive price increase, adding over $4,000 in hours to $58,000. He tried to challenge $59,000 for the first time this week, but to no avail.

After successive bounces, the BTC continued to try and soon crossed the $59,000 line, however the bears responded with a fall.

The same scenario repeated itself yesterday when we saw Bitcoin trading around $57,000 before skyrocketing to $59,000. However, it failed to stay on top and dropped to less than $56,000 hours later.

Bitcoin has currently reclaimed some land, although its market capitalization is still below $1.1 trillion, while its market dominance is currently below 41%.

Remainder of the cryptocurrency market

In addition to Bitcoin, other important cryptocurrencies also remained in red on December 2nd, but started the day (December 3rd) in green.

Ethereum, the second-largest cryptocurrency, was 1% away from hitting a new all-time high on Dec. 1, though it failed to make it past $4,800. Bears have now reached ETH below $4,600, after a small drop of 0.96% in 24 hours.

Earth (LUNA)

While most cryptocurrencies stagnated, Terra (LUNA) soared 60% in one week.

LUNA set a new all-time high (ATH) at $65 last week.

While other altcoins such as Solana (SOL) and Dogecoin (DOGE) are optimistic, Terra (LUNA) is among the best performing altcoins, with a double-digit increase.

In addition, other currencies also made considerable gains. Voyager Token, for example, increased 35%, Stacks increased 27%, Curve DAO Token increased 19%, Polygon (MATIC) increased 13%, KuCoin Token increased 12% and Nexo increased 11%.

The post Bitcoin fights below 57K, Ethereum consolidates below $4,600, LUNA rises 60% in one week with altcoin draw. appeared first on Bitcoin Guide .