Bitcoin’s Retreat After Peak Spurs Investor Actions

Bitcoin soared to an unprecedented peak of $69,191 on Tuesday, only to face a swift pullback, prompting profit-taking among investors. By 5 PM, the digital currency plummeted below $61,000, shedding about 12% in mere hours. By 6 p.m., it had adjusted to approximately $63,000. Zaheer Ebtikar of Split Capital highlighted, “With nearly all Bitcoin buyers […]

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