Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.
For the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.
Bitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a…
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