Bitcoin is currently trading at $27,600 with a trading volume of $13.8 billion in the past 24 hours.
CoinMarketCap has ranked it as number one with a market capitalization of $536 billion.
However, Bitcoin is struggling to break the significant resistance at $27,700, which suggests a bearish sentiment may take over as the bulls struggle to breach the threshold.
Nevertheless, the trading range of Bitcoin remains between $27,250 and $27,700.
But wait, there's more!
