BTC at $115K, OKB Poised for Breakout ATH
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OKB is on the rise once again.
Bitcoin’s price actions experienced some volatility yesterday as the highly anticipated meeting between several European leaders and the US President took place.
On a daily scale, some altcoins have produced impressive gains, such as OKB and MNT, both of which have risen by double digits.
BTC Back to $115K
The primary cryptocurrency peaked last Thursday after an impressive rally that started on Wednesday and culminated in a price surge to over $124,000, where the asset set a new all-time high. However, the following hours were painful as bitcoin quickly retraced to $121,000 before it dumped to $118,000 after the release of the PPI data for July.
The weekend was a lot calmer as BTC spent it trading sideways around $118,000. However, the landscape took another turn for the worse on Monday when the cryptocurrency slipped to an 11-day low of just under $115,000 as the markets braced for the meeting between Zelenskyy and European leaders on one side and US President Trump on the other.
Although both parties said there was some progress made and Trump even promised security guarantees to Ukraine, BTC failed at $117,000 and quickly slipped below $115,000 earlier this morning. It has bounced to over that level as of now, but still struggles with a 3% weekly drop.
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