Bitcoin finally initiated a leg up in the past 24 hours that resulted in nearing $27,000, but the asset was swiftly rejected at that point.
Several altcoins have performed better within the same timeframe, with ETH reclaiming $1.6K and TON jumping by almost 4%.It was about a week ago when the primary cryptocurrency was charting new local peaks at around $27,500. However, it failed to sustain that momentum and slipped by over a grand last Thursday following the US Federal Reserve’s latest FOMC meeting about the interest rates.
The following few days, including the weekend, were a lot less volatile, and BTC spent them at around $26,600. It dropped on Monday once again to just under $26,000 for the first time in about two weeks.the move and pushed the cryptocurrency north but in a more modest fashion. Nevertheless, a more impressive price increase came yesterday evening when bitcoin pumped to $26,800 for the first time in about a week.This is all you need not to miss any price action in the raging crypto markets.
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