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Bitcoin drops after record surge this week – NEWS.com.au
Bitcoin drops after record surge this week
After surging past $42,000 per coin for the first time in history, Bitcoin has started to pull back.Will the world’s most popular cryptocurrency plummet like it did in the past or continue to rally at high levels?
Australian market analyst Kyle Rodda has been watching closely at its activity.
“Last night’s price action showed how wild trading Bitcoin can be in the short-term,” he said. “It shed as much as around 17 per cent yesterday after coming close to that US$35,000 (A$45,500) level, before…
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