Wednesday, December 4, 2024
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Market Wrap: Bitcoin Pulls Back From $13K While Ether Falls on DeFi Cooling

Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off.Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours.Bitcoin’s 24-hour range: $12,731.06-$13,192.25.Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it

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Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst

Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.“Bitcoin is showing divergent strength

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