Bitcoin’s price movements continue to be rather unimpressive but the asset has nevertheless managed to stand just above $27,000.
The altcoins have also seen minor gains, with SOL and MKR popping up as today’s top performers.
BTC Above $27K
Last weekend didn’t go all that positive for bitcoin, as the asset spent it trading sideways at $26,600. The start of the new week was more painful. In a matter of hours, BTC slumped by several hundred dollars and dipped below $26,000.
However, the bulls managed to intercept the move and pushed the cryptocurrency north. This included a failed attempt to overcome $27,000 on Wednesday but a more successful one a day later. In fact, this one saw BTC pumping to a 10-day peak at $27,200.
Since then, the asset has been shaky at around $27,000, dipping below it yesterday, but jumping above it as of now.
Author: Jordan Lyanchev