• Bitcoin stands above $23K and is slightly in the green today.
• Litecoin is among the few altcoins with an impressive price surge, rising 7.5% to an 8-month high.
• Other altcoins are relatively calm today.
The cryptocurrency market has been quite active in the past week, with Bitcoin staying firmly above the $23,000 mark. After a surge from $21,000 to beyond $23,000 last weekend, BTC has been spending most of the week in a range between $22,000 and $23,000, aside from a couple of brief price pumps. The most notable one took the asset to beyond $23,500. However, it failed to stay above that level and is currently standing at around $23,200, slightly in the green today.
Meanwhile, the altcoins are relatively calm today, with only Litecoin standing out as a notable gainer. LTC has seen an impressive price surge over the past 24 hours, rising 7.5% to an 8-month high. This makes it one of the few altcoins to have an impressive price surge in the past few days.
Overall, the cryptocurrency market looks quite bullish, with investors expecting BTC to break the $23,500 resistance level soon. While the altcoins are relatively calm today, the market could still see some more volatility in the coming days. As such, it’s important to keep an eye on the market and be prepared for any potential changes.