April 23, 2021
Business News

Bitcoin’s brief trip to $13.2K suggests profit-taking price correction – Cointelegraph

The price of Bitcoin (BTC) surpassed $13,000 for the first time since June 2019. The optimism around PayPal supporting crypto purchases led the overall market sentiment to brighten within a short period. Immediately after the PayPal news was reported, the price of Bitcoin increased from $12,300 to $13,200 at the days peak. Although the medium-term outlook of the cryptocurrency market remains positive, analysts are not dismissing the likelihood of a pullback.
Bitcoin surged 25.5% within a 13-day…

Click here to view the original article.

Related Posts

You might also like ...

Netsmart and Vermont Collaborative Launch Care Coordination Platform to Deliver on Data-Driven, Value-Based Care
Shorla Pharma Announces FDA Filing Acceptance and Priority Review for T-cell Leukemia Treatment
Anthony Goodman Joins Korn Ferry as Senior Client Partner and Head of Board Effectiveness Practice