Bitcoin Makes a Hasty Retreat After Failing at $20,000 – Bloomberg

Bitcoin pulled back after making a run at $20,000 on Tuesday amid skepticism over the cryptocurrency’s intense rally.

Prices rose to an intraday record of $19,914.33 and then sharply retreated. In an interview with Bloomberg Television, Gary Cohn, a former economic chief to Donald Trump, said the token “lacks some of the basic integrity of a real market” and could eventually fail.

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