Bitcoin remains on a downward trajectory toward $32,000 despite rallying as much as 4.6% during the early trading hours in Asia on Wednesday.
Bouncing from a 24-hour low of $31,620, prices were hovering just around $32,500 at press time after reaching a 24-hour high of $33,182, CoinDesk data show.
The gradual slide is continuing to eat into year-to-date gains, which stand just above 12%.
Intraday volume for the world’s oldest cryptocurrency remains considerably lower than weeks past, with…
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