Bitcoin Pulls Back As Record Rally Triggers Profit Taking

Bitcoin’s Record Rally Triggers Profit Taking

Bitcoin, the world’s largest cryptocurrency by market value, has been on a tear lately, surging to a record high of $123,205 on Monday. However, the rally was short-lived, as the cryptocurrency pulled back, declining as much as 3.2% to trade at $116,925 as of 8:29 a.m. in New York on Tuesday.

Sreenivasulu Malkari

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