Bitcoin tried its hand at taking down $17,000 hours ago but was stopped in its tracks and now sits close by. Most altcoins are with insignificant gains or losses, aside from ETC, which pumped by around 5% in a day. Bitcoin Stopped at $17KIt was less than a week ago when the primary cryptocurrency was flying higher at over $18,000. However, the overall bearish market sentiment didn’t allow the asset to continue further or even remain there.BTC started retracing in the following days, losing over $1,000 at one point. This culminated in a drop to $16,300 registered yesterday, which became bitcoins.
