#BTCbitcoin Bitcoin (BTC) Price Rejected At

$53K, Leaving Almost $300 Million

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in Liquidations (Market Watch)

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