Bitcoin tried its hands at taking down the $38,000 once again in the past 24 hours but, as with the previous attempts, was stopped in its tracks.
Most altcoins have dumped hard today, with SOL, LINK, MATIC, AVAX, and DOGE losing more than 5% of value each.
BTC Can’t Challenge $38K
Last week’s unsuccessful attempt to conquer the $38,000 line resulted in massive and immediate price rejection that drove the cryptocurrency south hard to under $36,000. The bulls intercepted the move and didn’t allow any further declines.
In fact, BTC had recovered some ground by the time the weekend arrived and stood in a tight range between $36,000 and $36,500 for the next few days.
A more notable leg up came on Monday when bitcoin jumped to $37,500. After a brief retracement, BTC went on the offensive once again in the evening but was stopped at $37,800.
Despite being pushed further south, BTC still trades above $37,000 as of now. Its market cap has remained at just under $730 billion, but its domin
We współpracy z: https://cryptopotato.com/bnb-saw-5-month-peak-amid-binance-settlement-reports-btc-stopped-at-38k-market-watch/
