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As Bitcoin resumes its decline, cryptocurrency related stocks show a decline

Blockchain 2023-05-19 04:19:28 Source: Network

After failing to break through key multi day resistance levels, Bitcoin resumed a pullback in Tuesday afternoon trading.At 3:46 pm Eastern Time in the United States, cryptocurrencies fell 2

After failing to break through key multi day resistance levels, Bitcoin resumed a pullback in Tuesday afternoon trading.

At 3:46 pm Eastern Time in the United States, cryptocurrencies fell 2.1% to $26800. Most of the time, due to cautious optimism after the latest round of debt ceiling negotiations, cryptocurrencies hovered between $275000.

Other major digital tokens include Ethereum falling 1.5% to $1800, Caldano falling 2.5%, Dogcoin falling 3.9%, and Polygon falling 4.1%. Of course, according to CoinMarketCap data, these losses have dragged down the value of the entire encryption market, dropping 1.7% to $1.11 trillion.

In other risk areas, all three major US stock indices have maintained gains, with the Nasdaq index, which is dominated by technology stocks, rising 1.2%, with the largest increase as House Speaker McCarthy told reporters that an agreement to raise or suspend the debt ceiling may be reached as early as this weekend.

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Tag: decline As Bitcoin resumes its cryptocurrency related stocks show


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