The price of Bitcoin struggles to surpass the $89,000 level while the CRO digital currency steals the spotlight!
The cryptocurrency market has seen notable fluctuations over the past few hours, as Bitcoin has failed to break the $89,000 barrier, while the performance of some altcoins has been positive, especially CRO, which surged significantly after announcing an important partnership with the 'Media Trump' organization.
At the beginning of the week, Bitcoin's price attempted to stabilize above the $81,000 level after a sharp decline, but the price managed to recover quickly and reach $87,000 following a meeting of the Federal Open Market Committee.
However, the currency did not maintain its upward momentum, as it suffered corrections that brought it back down to $84,000.
By the end of the week, the currency regained some of its strength, pushing its price to $89,000 yesterday, but strong resistance at this level prevented it from achieving further gains, causing it to return to $87,000.
On the altcoin front, the CRO digital currency emerged as the biggest winner of the day, having risen by up to 40% earlier, following the announcement by 'Crypto.com' of a partnership with the 'Trump Media & Technology Group' (TMTG) to launch a series of exchange-traded funds (ETFs) and exchange-traded products (ETPs).
