Stacks (STX) Soars 7% Daily, Bitcoin (BTC) Reclaims $28K: Market Watch

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Stacks (STX) Soars 7% Daily, Bitcoin (BTC) Reclaims $28K: Market Watch
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Stacks is back on the offensive, becoming the best performer in the past 24 hours.

Bitcoin’s price dip below $28,000 seems to be short-lived as the asset has spiked back above that level and even tapped $28,500 hours ago.

The weekly peak came on Wednesday when bitcoin spiked to just under $29,000. However, the bears intercepted the move and pushed the asset south. As such, BTC returned to around $28,000 and spent most of the next several days around that line.between $27,800 and $28,200. The latest dip to the former came yesterday. Nevertheless, BTC initiated a notable leg-up in the following hours, resulting in a brief jump to over $28,500.

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