Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in...

Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos

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Source: Coindesk.com

Bitcoin rebounded from lows near $62,500 in Asian morning hours on Friday, amidst a global asset sell-off entering its third day. Despite the rebound, BTC remained under pressure, trading near its 50-day moving average, which is a key technical support level for traders.

Read More https://www.coindesk.com/markets/2024/08/02/bitcoin-traders-eye-55k-amid-us-stocks-sell-off-xrp-leads-losses-in-major-cryptos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Traders Eye $55K Amid U.S. Stocks Sell-off, XRP Leads Losses in Major Cryptos" appeared first here Coindesk.com.

Source: Coindesk.com

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