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Bitcoin (BTC) Stalls Below $27K, XDC Network (XDC) Soars 7% Daily

Bitcoin’s price tried to take over the $27,000 level in the past 24 hours, but the bears didn’t allow it, and the asset remains inches below that line. Most altcoins are with minor 24-hour gains after the recent price plunges, with XDC becoming today’s top performer. It was less than a week ago – last Sunday – when the primary cryptocurrency was trading a lot higher and was sitting well above $28,000. However, the Israel-Hamas conflict played its part in starting a gradual decline in BTC’s price. The asset began losing value with the start of the new business week, which culminated on Wednesday with a massive drop to $26,500. This became its lowest price point in two weeks.

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