After days of trading sideways, bitcoin finally made a move in the past 24 hours, but it was not in favor of the bulls.
Several altcoins are performing better today, including larger-cap ones such as BNB, SHIB, and TONCOIN.It was less than a week ago when the primary cryptocurrency plummeted hard by a few thousand dollars to a two-month low of $25,300. This came amidBitcoin reacted well at first and quickly recovered more than a grand. However, it couldn’t sustain its movement and retraced back down to $26,000 by the time the weekend had arrived.
The next few days were highly uneventful as the asset remained stuck at that level. The start of the business week didn’t bring any fireworks either, and BTC was flatlined for most of it.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:A move finally occurred in the past 24 hours when bitcoin slumped by more than $500 once again toward $25,000. Nevertheless, it bounced off, at least for now, and is back at $26,000.
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »