Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts – CoinDesk

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts – CoinDesk

Some analysts expect crypto prices to remain elevated over the short term, albeit in a higher range. That means a relief rally could be short-lived. For reference, BTC’s prior range between $30,000-$40,000 earlier this year preceded the current range between $40,000-$45,000, indicating a decline in selling pressure.


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