Bitcoin Loses $70K Level, Bitcoin Cash Soars 12% Ahead of Second Halving (Market Watch)

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Bitcoin’s price had a relatively quiet weekend before it jumped to just over $71,000 when it was stopped and pushed down by a few grand.

However, the bears stopped the leg-up at this point, and BTC quickly reverted back down to under $68,000. The bulls stepped up on the gas once again, but this rally was halted once more at under $72,000. Another rejection followed, but this time less violent.of between $70,000 and $71,000. The latest attempt to overcome the latter came earlier this morning but was stopped in its tracks. The subsequent rejection drove BTC south once more, and the cryptocurrency now stands below $70,000.

In contrast, the rest of the larger caps are in the red. ETH has lost over 2% of value in the past day, and trades below $3,500. BNB, XRP, DOGE, ADA, AVAX, DOT, and LINK have declined by somewhere between 3-4% in a day.Use this link

 

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