In a claim made on June 9, Michaël van de Poppe argued that Bitcoin (BTC) needs to break the $26,800 barrier to maintain its latest surge. Poppe believes that if the leading cryptocurrency manages to convert this price point into $27,500, other interconnected assets like Litecoin (LTC) and Ripple (XRP) may also explode. BTC Faced a Resistance Level! According to a chart shared by the CEO of MN Trading, BTC encountered a significant resistance at $27,446 on June 9. Regrettably, the leading cryptocurrency lost its $26,000 mark and, at the time of writing, it is trading at $25,698. However, along with BTC, XPR, and LTC also lost 6.48% and 12.76% in value, respectively, in the last 24 hours. Despite the widespread decline in the market, the three cryptocurrencies showed strength during a period when the SEC scrutinized the world’s two largest exchanges. The predictions of LTC reaching $100 or XRP […]
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