PEPE Shoots Up 20% Daily, Bitcoin Flat at $27K (Weekend Watch)
Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still. The altcoins are also lacking any substantial price moves, with ETH reclaiming $1,800 and BNB pumping above $310. Nananatiling Flat ang Bitcoin The past several days didnt go well for the primary cryptocurrency. It all started on Wednesday when the asset jumped from $27,500 to $28,400 in minutes after the US CPI numbers came out for April. Although BTC went on the offensive first, it reversed its trajectory almost immediately and dumped hard by almost $2,000 to a multi-week low of $26,600 (on Bitstamp). The bulls tried to intercept the price slump and pushed the cryptocurrency back up to $28,000. However, another rejection followed that drove it back down to $27,000. As the weekend approached, BTC nosedived once again to under $26,000 for the first time in two months. Nevertheless, it managed to bounce off and even challenge $27,000 in the past 24 hours but to no avail so far. As of now, the asset trades inches away from that level, but its market cap has gone back up to $520 billion. Its dominance over the alts is also flat on a daily scale at