Yesterday ended with the first cryptocurrency struggling to break out of the local downtrend. However, as the bulls failed to reach a new high, the bears took the initiative from the beginning of the new day, and Bitcoin started to decline again.
In the past 24 hours, Ethereum managed to get close to psychological resistance at $4,000. However, the market sentiment later changed, and the second largest cryptocurrency managed to overcome its weakness and rose as high as $4,500.
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