Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

Few seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional investors will push bitcoin’s price higher after the holiday lull.

  • Bitcoin (BTC) trading around $26,937.67 as of 21:00 UTC (4 p.m. ET). Gaining 0.37% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $25,875.05-$27,117.95…

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