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The May 2021 Bitcoin drop that saw prices fall from $56,000 to $29,000 led to many traders accumulating BTC. With these buyers currently underwater from a profit-perspective, their wealth continues to expand compared to other groups.
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BTC/USD hit a peak of $28,044.76 today, following a low at $27,563.88 earlier in the session. #BTC
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Bitcoin (BTC) jumped back above $28,000 on Tuesday, with a possible death cross signaling upcoming bullish momentum. #BTC
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Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. #ltc
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The largest cryptocurrency, still stuck in a narrow range, is at last showing signs of life after several spikes to two-month lows. #BTC
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Polygon turned down from the 20-day EMA ($0.89) on May 25, but the bears could not sustain the lower levels. Strong buying by the bulls sent the price above the 20-day EMA on May 26. #polygon
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