Bitcoin’s rally above $28,000 following Grayscale’s win over the SEC was short-lived as the asset has lost all gains by dumping below $26,000.
However, that rally was short-lived. BTC started to lose value almost immediately after its local peak and hadThe worst was yet to come, though. The cryptocurrency went through another leg down late last night when it slumped by approximately $1,500 in an hour or so andDid you like this market update?
Ethereum exceeded $1,750 during its rally upwards but has retraced back down to $1,650 as of now. Over the past 24 hours, Binance Coin, Ripple, Cardano, Dogecoin, Solana, and Shiba Inu have all slid by 3-5%.
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