Bitcoin Gains, Ethereum And Dogecoin Trade Lower As Market Undergoes Consolidation: King Crypto 'Breakout' This Early Not Favored By History, Says Analyst
However, several altcoins continue to show strength, with some reaching new all-time highs. Let's take a closer look at the latest developments in the world of crypto. Bitcoin (BTC) Consolidates, Ethereum (ETH) Holds Above $2000 Bitcoin (BTC) has been trading in a tight range between $57,000 and $59,000, consolidating after its recent rally. The top cryptocurrency has been unable to break through the $60,000 resistance level, but continues to hold above $57,000. Meanwhile, Ethereum (ETH) has maintained its position above $2000, with some analysts predicting a potential breakout above $2500 in the near future. Altcoins Continue to Shine, Dogecoin (DOGE) Surges While the top coins may be struggling to make significant gains, altcoins are stealing the spotlight. Dogecoin (DOGE) has seen a surge in demand, with its price reaching new all-time highs above $0.40. Other altcoins such as Binance Coin (BNB), Polkadot (DOT), and Cardano (ADA) have also seen strong gains, with many inves...