#BTCbitcoin Bitcoin (BTC) Price Rejected At
$53K, Leaving Almost $300 Million
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Bitcoin jumped by several hundred dollars
yesterday and tapped $53,000 for the first time in
over two years but was violently rejected at that
.point
Most altcoins are also well in the red on a daily
scale, including substantial retracements from
.the likes of ADA, AVAX, SOL, ICP, APT, and more
Bitcoin Touched But Failed at $53K
The primary cryptocurrency has been on an
impressive run in the past few weeks, having
soared from under $40,000 to over $50,000. This
came as the recently approved spot Bitcoin ETFs
in the States attracted billions of dollars in the
.first several weeks of trading
The asset's price has gone above $52,000 a
couple of times lately but couldn't keep the
momentum going toward $53,000. That finally