Bitcoin briefly slumps below $63,000 after topping a record $73,000 last week
Publishing timestamp: 2024-03-19 13:09:50
Summary
Bitcoin reached a record high last week but then experienced a significant drop as traders started taking profits. Other cryptocurrencies also fell, along with crypto-related stocks. The successful introduction of spot bitcoin exchange-traded funds in the U.S. earlier this year has been a key factor in bitcoin's rally, but caution is advised due to increased volatility and potential pullbacks.
Sentiment: MIXED
Tickers: MARA, RIOT, ETH.CM=, XRP.CM=, BTC.CM=, COIN, SOL.CM=, MSTR, DOGE.CM=,
Keywords: business news, investment strategy, breaking news: markets, bitcoin, riot platforms inc, ripple/usd coin metrics, dogecoin/usd coin metrics, solana/usd coin metrics, coinbase global inc, microstrategy inc, ethereum/usd coin metrics, cryptocurrency, technology, marathon digital holdings inc, breaking news: investing, markets, bitcoin/usd coin metrics,
Source: https://www.cnbc.com/2024/03/19/crypto-market-today.html