WIF Plummets by 15% Overnight, BTC Recovery Begins by Reclaiming $67K Level (Market Watch)

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After a few days of trading sideways and losing value, Bitcoin finally went on the offensive yesterday evening and spiked above $69,000, where it faced a strong rejection.

That was just the beginning, as the bears initiated another leg down on Tuesday and Wednesday. This time, the largest digital asset fell to a 10-day low of around $64,500. The bulls finally intercepted the moves at this point and began a slow recovery that saw Bitcoin ETH, BNB, ADA, and DOT are also slightly in the red. In contrast, BCH, TON, and XRP have gained around 1-2%. MNT and ETC are the top performers from the 36 largest crypto assets.

 

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