Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

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Source: Coindesk.com

Cryptocurrencies rebounded on Tuesday with bitcoin (BTC) climbing nearly 3% to around $58,000 as fears after last week's breakdown allayed.

The recovery was broad-based, with the market benchmark CoinDesk 20 Index up 2.4% over the past 24 hours, led by gains by solana (SOL), filecoin (FIL) and native tokens of Avalanche (AVAX) and Internet Computer Protocol (ICP).

Read More https://www.coindesk.com/markets/2024/07/09/bitcoin-rebounds-toward-60k-but-choppiness-likely-to-persist-analysts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts" appeared first here Coindesk.com.

Source: Coindesk.com

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