Bitcoin Dip Could Be Buying Opportunity, According to Expert
Following four consecutive months of gains, bitcoin stumbled on the first trading day.
Source: etftrends.com
Stay updated with breaking news from Rypto Channel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Following four consecutive months of gains, bitcoin stumbled on the first trading day.
Cryptocurrencies were seemingly in lockstep with stocks and bonds last year, but on-chain indicators show that correlation is fading.
After moving above $30,000 for the first time in 10 months, bitcoin retreated, slumping more than 7% over the past week.
Last week, the House Financial Services Committee conducted a hearing on the role of stablecoins in the global payment systems.
Through Tuesday, April 25, bitcoin shed 6.55% over the prior week retreating from $30,000.