Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues

Bitcoin Retraces Below $57K as ‘Sell-on-Rise’ Action Continues

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Source: Coindesk.com

BTC's price bounces remain shallow and brief as concerns about the U.S. economy linger. Crypto weakness may be a red flag for traditional risk assets, one analyst said.

Bitcoin (BTC) dropped below $57,000 on Thursday, reversing Wednesday's gains as lingering concerns about the strength of the U.S. economy prompted investors to

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The post "Bitcoin Retraces Below $57K as 'Sell-on-Rise' Action Continues" appeared first here Coindesk.com.

Source: Coindesk.com

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