Altcoins sell-off after Bitcoin price rejects near its $58K all-time high

Altcoins sell-off after Bitcoin price rejects near its $58K all-time high

Altcoins are witnessing a bout of profit-taking after Bitcoin price failed to push through its $58,300 all-time high this week. Optimism continues to percolate in the cryptocurrency sector on as recent gains in Bitcoin (BTC) have helped push the valuation of the top-ranked cryptocurrency past that of the South Korean won.Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin experienced a wave of selling in the early hours that pushed the price to a low of $54,948 before bulls returned to briefly push the price back above $57,000.BTC/USDT 4-hour chart. Source:....


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