MarketPR
Bitcoin ($BTC) gave up the $65,000 level while Stellar ($XLM) and Ethena moved in the opposite direction, each posting gains during the same session, per FXStreet's crypto overview.
The split marked a session in which the flagship cryptocurrency surrendered a closely watched round-number threshold as a pair of altcoins attracted buying pressure.
Bitcoin Cedes a Key Price Handle The $65,000 mark had served as a near-term reference for $BTC, and its loss shifted short-term momentum against the leading cryptocurrency.
The FXStreet report did not specify a secondary support level, the percentage size of the decline, or a discrete catalyst for the move below that threshold.
Keep reading