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Polkadot: Here's When DOT May Reclaim Its Peak of $54.98

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Polkadot (DOT) seems to be recovering from the recent market dip. DOT’s price has gained 3.2% in the daily charts and 6.4% in the weekly charts. Despite the rally, DOT is glowing red in the other time frames. The asset is down 8.9% in the 14-day charts, 13.3% in the monthly charts, and 54.5% since March 2024. Source: CoinGecko Also Read: De-dollarization and the Digital Currency Battle: Why Gold-Backed Stablecoins Could Replace the USD Cryptocurrencies Recover Amid Bearish Environment Source: Watcher Guru The cryptocurrency market seems to be slowly recovering from its recent dip. Bitcoin (BTC) has reclaimed the $83,000 price level after briefly falling below $80,000. DOT and other crypto assets have made slight gains over the last weekend. Despite the rally, the global crypto market cap has fallen 2.1% in the last 24 hours to $2.83 trillion. The recent market dip was likely due to global trade wars and macroeconomic factors. The US recently announced tariffs on the EU. The US has...