Bitcoin and wider crypto markets take a breather

Published by
City AM

By Darren Parkin The green candle party of the last two weeks lost steam yesterday as Bitcoin recorded its first noteworthy drawdown in a while. The largest crypto by market cap is trading for $20,789 this morning, down by 2.25% over 24 hours, while Ethereum is in the red by 3.32%, changing hands for $1,527. While most of crypto is still holding on to its substantial gains over seven days, there is a general decline in the numbers since yesterday. The latest market movements are in line with what’s been happening in equities, with the DowJones recording its worst day yesterday in more than a m…

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