The past 24 hours saw Bitcoin’s price consolidate and inch closer to the coveted resistance level of $35,000. It hasn’t been the most impressive story, however, as Axie Infinity (AXS) exploded by a whopping 16% throughout the same period.
Bitcoin (BTC) Price Pushing $35K
As can be seen in the chart below, Bitcoin’s price is currently attempting a push toward the resistance level situated at the coveted $35,000 mark.
Source: Binance via TradingView
It’s worth noting that Bitcoin’s dominance – the metric that analysts use to gauge BTC’s share relative to that of the rest of the market – has been on the decline in the past 24 hours.
This suggests that altcoins are performing better compared to it – something that we haven’t seen that much in the past couple of weeks. It’s interesting to see whether or not BTC can claim the pivotal $35K level or if there will be another correction.
Axie Infinity (AXS) Leads Altcoin Gains
Axie Infinity (AXS) is undoubtedly the best per
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