Bitcoinist
2020-06-17 05:01:41

Profit-taking Pares Bitcoin Gains But $10,000-Retest Likely

A rally in the Bitcoin market lost steam on Wednesday on profit-taking sentiment. The cryptocurrency slipped by a modest 0.75 percent ahead of the European opening bell. But a rebound in consumer activity signaled a positive week for risk-on assets, raising expectations of Bitcoin resuming its bull run towards $10,000. Bitcoin’s rally faded on Wednesday as traders sold the cryptocurrency at its intraday top to secure short-term profits. The benchmark cryptocurrency slipped by 0.75 percent […]

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