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Bitcoin slips 4% as rally stalls just shy of $60,000 resistance level
5 days ago - By Business Insider
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Bitcoin fell 4% on Wednesday as it continues to struggle with clearing the $60,000 resistance level.
The decline in bitcoin came amid a broader sell-off in crypto on Tuesday, with ethereum, litecoin, and XRP all falling by more than 5%.
The total market value of cryptocurrencies had soared past $2 trillion as demand from institutions increased.
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A decline in bitcoin of more than 4% transpired on Wednesday as the cryptocurrency continued to meet resistance at the $60,000 level.
Sellers...
Read more ...Bitcoin slips 4% as rally stalls just shy of $60,000 resistance level
5 days ago - By Business Insider
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is displayed in front of the Bitcoin course's graph of Bitfinex cryptocurrency exchange website on November 20, 2018 in Paris, France.
Chesnot/Getty Images
Bitcoin fell 4% on Wednesday as it continues to struggle with clearing the $60,000 resistance level. The decline in bitcoin came amid a broader sell-off in crypto on Tuesday, with ethereum, litecoin, and XRP all falling by more than 5%. The total market value of cryptocurrencies had soared past $2 trillion as demand from institutions increased...
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