Tuesday, November 5, 2024

Bitcoin Traces $39,000 Ahead of Europe’s Vote on Legality of Proof of Work by Cointelegraph

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© Reuters. Bitcoin Traces $39,000 Ahead of Europe’s Vote on Legality of Proof of Work

(BTC) was steady at $39,000 until the Wall Street close on Monday as stocks seized the opportunity to recoup some of the losses.

1 hour candlestick chart (Bitstamp). Source: TradingViewBulls Needs a “Miracle” Rebound to $40,600 Data from Cointelegraph Markets Pro and TradingView showed that the BTC/USD pair was flat at the opening bell on March 14th.

The pair recovered from its last minute dip at the weekly close on Sunday to avoid a deeper pullback so far.

Read the full article on Cointelegraph

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