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Showing Tag: "technology company news news wire 17h ago bitcoin takes a pause from sharp recovery rally as bulls regroup" (Show all posts)

TECHNOLOGY Company News News Wire 17h ago Bitcoin Takes a Pause From Sharp Recovery Rally as Bulls Regroup

Posted by Muyao Shen on Wednesday, March 30, 2022, In : Technical Analysis 

Bitcoin is taking a pause following a sharp rise in recent days that saw it reach its highest levels of the year. 

The largest cryptocurrency fell as much as 2.2% on Tuesday to trade around $46,908, its first down day in six. The drop follows a break-neck surge of roughly 20% since mid-March, which had helped it wipe out all 2022 losses and accumulate gains of roughly 2% for the year. And Tuesday’s downturn comes as U.S. stocks -- which crypto markets have largely moved in tandem with all ye...


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