Bitcoin Falters for a Second Day, Slides Below Technical Level – Bloomberg

Bitcoin Falters for a Second Day, Slides Below Technical Level – Bloomberg

Bitcoin’s torrid rally lost more steam this week, with the cryptocurrency lying below its 10-day moving average and falling for a second straight day Thursday.

The largest digital asset is down as much as 8.4% over a two-day slide and was trading at $34,670 as of 6:38 a.m. in London, according to price data consolidated by Bloomberg. The wider…


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