EOS and YFI lead altcoins higher as Bitcoin and Ether bounce from swing lows
Cointelegraph
Published May 11, 2021 06:13PM ET
Updated May 11, 2021 08:00PM ET
The markets were mixed on May 11 as Bitcoin (BTC) recovered from Monday's drop to $53,000 by bouncing to $56,862 but the digital asset is still finding resistance at the $57,000 level.
Ether (ETH) also worked its way back above $4,100 but according to Cointelegraph analyst Marcel Pechman, the bullish sentiment for Ether seen in recent weeks has begun to fade as traders question whether new all-time highs will be sustainable in the short term.
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Written By: Cointelegraph
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