Bitcoin and Ethereum take a breather after a busy week for crypto markets

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City AM

By Darren Parkin Bitcoin is sitting comfortably above $26k and trading sideways this morning. This follows a busy week in the markets as the flagship cryptocurrency’s price climbed following a pause on rate hikes and big news from BlackRock – the largest asset manager globally that it will attempt to launch a Bitcoin ETF in the US. Ethereum’s Ether is trading in line with BTC, hovering around $1.7k, while the majority of crypto markets are trading slightly downwards. The BlackRock announcement is a big deal for crypto, say market commentators. It will introduce much-needed liquidity into the m…

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