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Crypto prices retreat as consolidation sets in following altcoin surge
It was a day of consolidation for the broader cryptocurrency market on Thursday as Bitcoin slid below $43,000 while many of the altcoins that had seen large price increases over the past week or two corrected lower as traders booked profits. Stocks were higher for the majority of the trading day as investors looked to finish 2023 with the same strength that has pushed the S&P and Dow to record highs in recent days. But traders ran out of steam into the close, resulting in a flat performance for the S&P and Nasdaq, while the Dow gained 0.14%. Data provided by TradingView shows that after Bitcoin (BTC) bulls pushed ... (full story)