Date:
Bitcoin fell back below the key $110,000 level as it struggled to make a sustained recovery in the wake of a recent selloff in cryptocurrencies.
The cryptocurrency appreciated modestly in the previous session, briefly rising above $110,000 but has since reversed those gains.
Bitcoin and other cryptocurrencies have recently been hit by concerns about renewed U.S.-China trade tensions. Bitcoin has also been on a downward trend since hitting a record high of $126,223 in early October.
NewsGala, a modern financial media outlet by Zeni Capital Corp. With 35 years of international finance expertise NewsGala strips away the distractions to provide timely and relevant financial news.
Our mission is to position our readers to have the best information to make profitable financial decisions and set realistic goals.
© 2021 Newsgala.com. All Rights Reserved.
