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Weekend Watch: BTC Below $40K, ApeCoin Soars 14% Ahead of Otherside Sale

Bitcoin failed again at overcoming $40,000 and has returned to even below $39,000. The majority of the altcoins are also in the red once more, but ApeCoin continues to defy the odds ahead of its highly-anticipated Otherside sale.
Bitcoin Struggles Below $40K
On April 25, bitcoin initiated an impressive leg up, adding nearly $3,000 in hours. Consequently, the asset spiked to almost $41,000 after its recent nosedives.
However, this price increase was short-lived as the bears pushed the cryptocurrency south again. Moreover, this decline was even more violent, and BTC found itself trading below $38,000 for the first time in over six weeks.
Bitcoin reacted well at this point and bounced off towards $40,000. It even briefly exceeded that level, but the overall bearish sentiment in the crypto market drove it south once more. As of now, BTC trades below $39,000, and its market capitalization has declined well beneath $750 billion.
BTCUSD. Source: TradingView
ApeCoin Defies Market Sentiment
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We współpracy z: https://cryptopotato.com/weekend-watch-btc-below-40k-apecoin-soars-14-ahead-of-otherside-sale/

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