Bitcoin’s attempt to overcome the $29,000 level yesterday saw no success, and the asset has lost some ground but still stands above $28,000.
The asset reacted with an instant $2,000 surge that drove it to a 2-month peak at around $30,000. As the reports were denied, though, BTC startedThe bulls tried to initiate a few more price pumps the following days, which culminated in another challenge of $29,000 yesterday. However, the cryptocurrency failed to overcome that level and has lost several hundred dollars since then.This is all you need not to miss any price action in the raging crypto markets.
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Bitcoin Holds $28K as Stocks Buckle Under Interest Rate ConcernsStephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
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