Bitcoin’s rollercoaster ride, Ether shines, XRP mystery: Hodler’s Digest, Jan. 3–9
The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!
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Bitcoin managed to crack $42,000 on Friday, surging by 9% in just three hours.
A sharp correction soon followed, with prices tumbling by
7% in the following eight hours.
This may seem rather tame in percentage terms — but that’s a drop of almost $3,000.
Whales have been selling
en masse since the start of 2021 and taking a profit on their positions. They’re currently locked in a battle with new buyers in the U.S. who are aggressively accumulating BTC.