Wednesday Crypto Market Watch: Bitcoin Standing Still As Major Altcoins Surge

Wednesday Crypto Market Watch: Bitcoin Standing Still As Major Altcoins Surge

Bitcoin’s price movements have been rather bearish over the last few days. Yesterday, the largest cryptocurrency by market cap tried breaking up but got quickly rejected and recorded $8550 as of yesterday’s low. Since then, Bitcoin is slowly gaining momentum, and the coin is back at the past week’s consolidation range $8700 – $8800.