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  • Bitcoin refrains from making new highs as Tuesday’s gap-fill kills uptrend continuation.
  • Ethereum outpaces its peers by barely hitting new all-time highs.
  • XRP price again looking for direction as investors interest wanes.

The Bitcoin bull rally got stopped in its tracks this week after BTC price came under more pressure from the Omicron story, and the resulting market turmoil. Ethereum price, however, came just $16 away from making a new record high, making gains in contrast to the other two majors. XRP saw investors buying the dip, but the uptrend hit a wall and got stopped in its tracks.

Bitcoin price on the backfoot after a slowdown that made it lose bullish momentum

Bitcoin (BTC) price popped higher at the beginning of the week, shrugging off investors' concerns about the new Covid variant. On Monday, BTC price opened up much higher than where it closed on Sunday, forming a gap in the chart. As a general rule, gaps get filled sooner rather than later, and this was the

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