Bitcoin’s price ascent continued in the past 24 hours, as the asset jumped above $67,000 where it was stopped and pushed back down.BTC’s Run Halted
The cryptocurrency landscape was quite bearish last week as BTC was driven to under $60,000 on a few occasions. The last one was on Friday amid the escalating tension between Iran and Israel. However, the asset recovered almost all losses in the next hours, as Iran said there will be no retaliation anytime soon. As such, BTC’s price had regained some value and stood around $65,000 upon the time the fourth halving, climbing by about $500 to $1,000 daily. This resulted in a price increase to a multi-week peak of $67,200 earlier today. However, this is where the bears stepped up once more and didn’t allow any further increases.
The majority of the larger-cap alts are also slightly in the red, aside from XRP. Ripple’s native token is up by 3% following theDisclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
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