Bitcoin’s Modest Rally Cut Short, Price Tumbles Back Below $61K

Bitcoin’s Modest Rally Cut Short, Price Tumbles Back Below $61K

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Source: Coindesk.com

The price of bitcoin (BTC) fell sharply in the U.S. morning hours Friday, reversing a move that had seen the world's largest crypto climb as high as $63,500.

As good of an excuse as any for catalysts were disappointing U.S. economic data and hawkish remarks from Dallas Fed President Lori Logan. The University of Michigan Consumer Sentiment

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The post "Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K" appeared first here Coindesk.com.

Source: Coindesk.com

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