NEAR, FIL, ICP Rocket by Double Digits, BTC Rejected at $84K Again: Market Watch

ZRO, ALGO, and VVV have posted notable gains as well over the past day. Bitcoin is still trying to recover from the crash at the end of the previous business week, and the latest leg up was halted at $84,000. Most altcoins are in the green, though, with ETH surging past $2,550, while XRP has rebounded to over $1.40. ZEC is up by 7%, while HYPE eyes $90 again. BTC Eyes $84K The primary cryptocurrency tried to take down the coveted $87,000 at the beginning of the previous business week, but it was halted in its tracks and quickly retreated to just under $85,000. It bounced off toward its initial target, but this time it posted a lower high, getting rejected at $86,600. The bears stepped up at this point, and the subsequent leg down was a lot more violent. The $85,000 support couldn’t hold BTC, and the asset slumped to $83,500. After another unsuccessful recovery attempt, it nosedived once again; this time, the cryptocurrency slumped to $80,400 for the first time in well over two weeks. After losing nearly $7,000 in just a few days, bitcoin was due for a more profound rebound. It rose on Friday to $83,500, where it stalled again. It spent the weekend trading sideways around $83,000 be...