Bitcoin Shows Dull Movement, Altcoins Take Charge, Litecoin, XRP Gain Momentum

Coinspeaker
Bitcoin Shows Dull Movement, Altcoins Take Charge, Litecoin, XRP Gain Momentum
After facing selling pressure earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) has been now hovering around $27,200 levels. Investors are keen to know what could be the next directional move for BTC. However, the BTC price remains range bound between the support of $26,600 and the resistance of $27,600 on the upside. While the trading activity in Bitcoin remains subdued, altcoins make a move.
On Wednesday, May 17, altcoins like Litecoin (LTC) jumped by 5.6% while the XRP price added 6%. Another altcoin that made a strong move was the Axie Infinity token (AXS) which gained by 8% shooting all the way to $8.
The AXS price shot up as the company secured a license to host its ‘Axie Infinity: Origins’ game on the Apple App Store. This is a big move as it would lead to a surge of users in Axie Infinity over a long time. Also, this is an important milestone considering the fact t

Czytaj więcej

We współpracy z: https://www.coinspeaker.com/bitcoin-altcoins-litecoin-xrp-gain/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy