After the painful several days in which BTC slumped below $26,000 to chart a new two-month low, the asset has bounced off and reclaimed $27,000 earlier today.
Several altcoins have outperformed bitcoin in the past day so, including LTC, LDO, TONCOIN, APT, BCH, and GRT.It was less than a week ago when bitcoin skyrocketed to a multi-day high of $28,400 after the US CPI numbers for April came out. However, that pump was short-lived and was followed by a severe rejection that drove the asset down by $1,500.
The price fluctuations were not over, and BTC tried its hand at taking down $28,000 again, only to be rejected once more. This time, the price declines were more subtle but violent.to $25,800 for the first time in two months. The bulls finally came out of their hiding grounds at this point and propelled an impressive leg up that drove bitcoin back to $27,000.This is all you need not to miss any price action in the raging crypto markets.