The leading cryptocurrency by market value, widely considered digital gold due to its finite supply, remains listless above $29,000, extending its multi-week dull price action. Bitcoin was one of the preferred safe havens during Turkey’s currency crisis of 2021. Gold, meanwhile, hit a seven-week low of $1,896 per ounce on Tuesday and traded around $1,905 at press time.
Related posts
-
Bitcoin Will Be Set For New ATHs If It Breaks This Resistance: Analyst
An analyst has explained how Bitcoin could be positioned for new all-time highs (ATHs) if it... -
Is The Crypto Winter Thawing? US Bitcoin ETFs Record First Inflows In Weeks
After experiencing outflows for four consecutive weeks, US spot Bitcoin exchange-traded funds (ETFs) have marked a... -
Is Bitcoin Out Of The Woods? Analyst Bullish On 6-Figure Future
Bitcoin (BTC) began the month with the deepest retrace of the cycle, falling to the $56,000...