Bitcoin Rally Cut Short as Profit-Taking Rises, US Demand Falls: CryptoQuant

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co

Bitcoin’s recent rally stalled at a critical level, putting the top crypto asset in a position that has previously led to major downturns.
Source: decrypt.co
Bitcoin climbed to its highest level since the early-February sell-off after US producer prices went up, but rose less than economists expected, in March, with easing oil prices and stronger equity markets adding to the rebound in risk assets. According to CryptoSlate’s data, Bitcoin surged past the $76,000 mark during early US trading hours, with…