The crypto market flashed bearish signals as Bitcoin (BTC) dipped on Mt. Gox’s developments. That saw the altcoin market retreating. Nonetheless, Shiba Inu (SHIB) defied the odds as it climbed to overtake Avalanche (AVAX) by market capitalization. SHIB ranks 11th with $14.96 billion in market cap, whereas Avalanche has the same metric at $14.59 billion.