Wednesday, December 4, 2024
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Bitcoin Shorts Decline On Bitfinex, Players Brace For Upward Trend?

Bitcoin continues to move sideways as the week progresses. The benchmark cryptocurrency was pushed back from $40,000 levels and has been unable to bounce back to previous highs. However, BTC has been showing resilience as the traditional market seems to trend lower. Related Reading | Where Ethereum and Bitcoin Headed After

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Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order

Recently, bitcoin, the largest cryptocurrency by market capitalization, was trading at around $42,000, up about 3% over the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands at about $2,700, a roughly 1.5% gain over the same period. Both bitcoin were up even higher earlier on

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