Thursday, December 26, 2024
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Bitcoin Clings To $40K On Easter Sunday As Crypto Seen To Head Lower In The Short Term

On Easter Sunday, the majority of cryptocurrencies traded downward. Bitcoin, which leads the pack, couldn’t shake off the retreat. The total market capitalization of all cryptocurrencies as of Sunday was $1.87 trillion, down 0.69 percent from the previous day. Expectations remain that Bitcoin (BTC) will continue to decline in the short term,

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Bitcoin holds $40K over Easter but thin liquidity, ‘capitulation’ risk haunt traders

Bitcoin (BTC) chose compression over the Easter weekend, sparing nervous traders a fresh dive below $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDerivatives traders take no risksData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a narrowing range with $40,700 as its ceiling Saturday and Sunday.The pair saw little action

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