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The crypto market is taking a break after a rebound
Bitcoin is trading near $106K, returning to territory above the 50-day moving average, albeit very slightly. The dynamics of the last three days suggest a rapid assault on the highs. However, remaining almost 5% below its peak, the flagship cryptocurrency is behaving more cautiously than the Nasdaq 100, which updated its historical highs on Tuesday evening. If the positive momentum in cryptocurrency stocks continues, they will soon catch up with traditional finance. In addition, the bulls managed to recapture important points, such as a rebound from the 200-day moving average for the entire market and a return above ... (full story)
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