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ETH Spiked to 2-Month High, BTC Rejected at $24K (Market Watch)

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After Binance Coin, Ethereum also soared to a new two-month peak. Bitcoin tried its hand at $24,000 but was stopped there.

Following several days of minimal volatility, bitcoin spiked above $24,000 yesterday but was rejected there.

The altcoins also saw some impressive gains, with ETH soaring to a new monthly high. However, most sit calmer now.After ending July in the green, the first positive month since February, bitcoin started to retrace slightly and dropped from $24,000 to under $22,500 in a matter of days. The aforementioned low came on August 4, but the asset bounced off rather quickly and returned to $23,000. It calmed there and spent the next few days around that level without any significant moves in either direction.to a daily high of $24,250 .This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:It was stopped there, and the bears have pushed it down to just under $24,000 as of now.

 

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