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BTC USD
the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000,
bitcoin initiated an impressive leg up that resulted in adding $4,000 of value in a day to a high of $58,500.
This became the asset’s highest price tag since the mid-April market-wide crash.
However, this is where the bears stepped in again and didn’t allow any further increases. In the following hours, bitcoin retraced by more than $2,000, resulting in a dip to just over $56,000. Despite recovering some of the losses, BTC is still more than 2% down on a 24-hour scale.
bitcoin initiated an impressive leg up that resulted in adding $4,000 of value in a day to a high of $58,500.
This became the asset’s highest price tag since the mid-April market-wide crash.
However, this is where the bears stepped in again and didn’t allow any further increases. In the following hours, bitcoin retraced by more than $2,000, resulting in a dip to just over $56,000. Despite recovering some of the losses, BTC is still more than 2% down on a 24-hour scale.
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