ETH Rallies Strong, BTC Stalls Below $105K
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ETH continues with its impressive performance as of late.
Bitcoin’s price actions remained relatively dull even though the US CPI numbers came out yesterday and were slightly lower than expected.
Many altcoins have notched impressive gains over the past 24 hours, with RAY and ENA leading the pack from the largest 100.
BTC Maintains $103K
The primary cryptocurrency enjoyed the beginning of May as its price finally conquered the $100,000 level last Thursday, and it hasn’t looked back since. It kept climbing even during the weekend, but the culmination transpired on Monday when the US and China announced a tariff pause. At the time, BTC skyrocketed to almost $106,000, which became a new multi-month peak.
However, the bears finally intervened at this point and didn’t allow an attempt for an all-time high. Just the opposite; BTC started losing value and dropped below $101,000 on Monday evening.
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