Bitcoin’s Pullback Deepens After Record-Breaking Rally
December 19, 2024
Bitcoin’s Pullback Deepens After Record-Breaking Rally – Bloomberg
A Bitcoin slide from a record high earlier this week extended to more than 10% at one point, as reduced scope for looser US monetary policy crimped speculative zeal.
The price of the original cryptocurrency dropped as low as $95,564 on Thursday, two days after setting an all-time peak just above $108,000. The downturn weighed heavier on smaller tokens like Ether and Dogecoin.
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