Bitcoin Consolidates After Yesterday’s Rally – Market Updates Bitcoin News

Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session.

Bitcoin

BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much as 1.13% as of writing.

This decline saw prices hit an intraday low of $38,271.44, following a high of $39,115.13 during Tuesday’s market session, which raised hopes for those targeting $40,000.

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