Market Wrap: Bitcoin Near K, Recovers Slowly From Turkey Crypto Payment Ban; Dogecoin Jumps

Market Wrap: Bitcoin Near $62K, Recovers Slowly From Turkey Crypto Payment Ban; Dogecoin Jumps

Bitcoin trading on Coinbase.
Source: TradingView
  • Bitcoin (BTC) trading around $61,822.06 as of 20:00 UTC (4 p.m. ET). Slipping 2.62% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $60,033.53-$63,850.25 (CoinDesk 20)
  • BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.

Bitcoin’s slowly recovering from the news of Turkey’s coming cryptocurrency payment ban, which caused the No. 1 cryptocurrency by market capitalization to…


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