The largest crypto asset by market capitalization climbed from below $46,000 earlier today to over $47,000, then accelerated, hitting a $49,042 during early U.S. trading session, according to CoinDesk Indices data, which collects pricing from multiple exchanges. Then, it gave up all its gains and buckled below $46,000.
Bitcoin (BTC) Price Hits Two-Year High, Then Drops 5% Amid ETF Trading Volatility
