Despite the downtrend of the last few months, some tokens are still inching higher as others display promising upward momentum. Nevertheless, investor sentiment is still hovering around the “fear” zone despite the total crypto market capitalization edging past the $1.05 trillion mark. Bitcoin Struggles to Top $23,000 After momentarily jumping past the critical resistance at $23,500, Bitcoin (BTC-USD) is once again trending below the $23,000 support level. Over the past seven sessions, BTC has declined approximately 0.65%. Meanwhile, after months of dumping holdings to mitigate the price decline, Bitcoin miners now cumulatively hold 1.86 million BTC – a record two-year high – according to new data published by CryptoQuant.
