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First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound

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Jamie Crawley is a CoinDesk news reporter based in London.

BTC may be again trying to rally above $64,000, of which there have been numerous instances this month, all of which have been sold off. This behavior, along with, points toward a consolidation in the market and the possibility of bitcoin being range-bound for the time being. At the time of writing, bitcoin is 2.34% higher in the last 24 hours at $62,543. The CoinDesk 20 Index , which measures the broader digital market, has added 1.

in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

 

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