Altcoins soar while Bitcoin and Ethereum price stall near key levels

Altcoins soar while Bitcoin and Ethereum price stall near key levels

On May 26 the the bullish momentum that had propelled Bitcoin and altcoins into a relief rally was somewhat subdued as traders remain unsure of what may happen next. 

After an early morning attempt by Bitcoin bulls to drive (BTC) price above $40,000 was met with stiff resistance, the digital asset lost momentum and slumped back to the $38,000 support level.

BTC/USDT 4-hour chart. Source: TradingView

Despite the continued struggle, a few positive signs like a decline in BTC exchange deposits…


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