BTC Stable Above $26K as XRP, LTC, ARB Jump 3%

After dipping to a 13-day low yesterday, bitcoin reacted well and regained almost $600 in the following hours. LDO, on the other hand, has dropped below $2. The primary cryptocurrency stood in a tight range, as confirmed by Glassnode recently, that had it trading mostly around $27,000. It tried its hand to break out of it a few times but was stopped at $27,500. The latest rejection came on Wednesday and brought the asset south hard. Firstly, BTC dropped under $27,000, but the bears took it a step further yesterday. At first, they pushed it to over $26,000 and later propelled another minor leg up that resulted in BTC jumping to its current value of $26,500.

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