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Bitcoin Rejected at $21K, Lido (LDO) Skyrockets 20% Daily (Market Watch)

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Bitcoin's price failed to sustain itself above $21K as the entire cryptocurrency market takes a breather following yesterday's rally.

Bitcoin’s price failed to sustain itself above $21K as the entire cryptocurrency market takes a breather following yesterday’s rally.

Bitcoin’s price failed to overcome $21,000 convincingly and is now found trading below that level. Most of the cryptocurrencies also retraced following a meeting with the range resistance. The most evident outlier is LDO, up 20% in the past 24 hours.The past 24 hours have been quite tumultuous as the entire cryptocurrency market went on a rollercoaster.

Interestingly enough, ETH is in the lead when it comes to forced liquidations with $71 million – more than twice compared to Bitcoin’s liquidations.Most of the alternative coins are also trading in the red over the past 24 hours, after failing to sustain the gains they made in the intraday and getting rejected massively from their respective range resistance.This is all you need not to miss any price action in the raging crypto markets.

 

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