Bitcoin, Ethereum, Dogecoin Mixed As Rally Hits Pause: Analyst Says Apex Crypto ‘A Brain Dead Play’ Now, Investors Lucky If They ‘Get A Dip Below This Level’
Published by
Benzinga
Benzinga
Major cryptocurrencies saw a mixed performance on Sunday evening. Bitcoin price experienced a week of consolidation, hovering between $34,000 and $35,000. What Happened: Bitcoin came very close to reaching the $36,000 mark, but then experienced a sudden change in direction and corrected to $34,250. The recent rally has boosted investor confidence in Bitcoin as they eagerly anticipate upcoming events that could further influence its market value. These include the next Bitcoin halving and the potential approval of BTC Exchange-Traded Funds (ETFs). After a rigorous five-week trial, a New York ju…