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Bitcoin’s Price Has Some Technical Challenges to Overcome

The price of the crypto market leader, Bitcoin (BTC), has risen by a small margin over the last 24 hours, according to CoinMarketCap. At press time, BTC is changing hands at $16,954.31, This is a 0.01% increase in BTC’s price over the last 24 hours. BTC has also strengthened against Ethereum (ETH) by 0.25% during the same time period.

After setting a daily high at $16,961.79, BTC’s price has retraced slightly over the last 24 hours. Despite the retracement, BTC price is still trading near its 24-hour high. The crypto’s daily low sits at $16,914.19.

The post Bitcoin’s Price Has Some Technical Challenges to Overcome appeared first on Coin Edition.

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Source: Cryptocurrency - investing.com

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