BTC, ETH Consolidate Following Recent Highs – Market Updates Bitcoin News

BTC, ETH Consolidate Following Recent Highs – Market Updates Bitcoin News

Bitcoin consolidated on Jan. 16, as U.S. markets closed in celebration of the Martin Luther King Jr. Day holiday celebration. Traders have seemingly moved to secure recent gains, after the world’s largest cryptocurrency rose above $21,000 for the first time since November. Ethereum also retreated from recent highs in today’s session.

Bitcoin

Bitcoin (BTC) consolidated to start the week, as prices failed to break out of a key resistance level.

Following a high of $21,345.25 on…


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