Bitcoin’s recent price dip seems to be short-lived, as the asset spiked to and beyond $29,000 earlier today.

Most altcoins are with minor losses today, with XRP finally halting its massive rally by charting a 5.5% daily drop.

One of the most anticipated airdrops in the crypto community took place last week when Arbitrum distributed its brand-new native token – ARB. Naturally, the asset faced extreme volatility in its first few days of trading before settling around $1.3. However, a 10% surge on a daily scale has pushed it to over $1.4 as of now, making it one of the best performers now.

The total crypto market cap has slipped below $1.2 trillion after losing just over $15 billion daily.

(By Jordan Lyanchev)