Bitcoin failed to reclaim the $27,000 level yesterday and has stalled at around $26,500 as of now.

The altcoins are in no better shape, with minor losses coming from most larger-cap ones. Chainlink is the only one with a notable price increase.

BTC Back at $26.5K

Last week was expectedly less volatile, aside from a brief spike on Saturday that pushed bitcoin to a then-multi-day peak of $26,400. After failing to continue upwards, BTC retraced to $26,000 and spent the rest of the weekend there.

Monday didn’t start all that positively either, but finished that way. Bitcoin went on the offensive and soared above $27,000 for the first time in weeks. It dumped shortly after, but the bulls kept the pressure on and pushed the cryptocurrency to a new 20-day peak at $27,500 on Tuesday.

The next few days were rather calm, with BTC maintaining the $27,000 even after the US Federal Reserve’s decision to stop raising the interest rates. Yet, bitcoin’s momentum disappeared by Friday, and it fell down to $26,400.