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Bitcoin Lovers Like the Winklevoss Twins Urge Patience After Declines

  • Market is in “wait-and-see mode,” Genesis’s Acheson says
  • Tyler Winklevoss, El Salvador’s Bukele take to Twitter
Tyler Winklevoss
Tyler WinklevossPhotographer: Eva Marie Uzcategui/Bloomberg

Bitcoin failed to hold the two-week high registered Tuesday, while advocates from the Winklevoss brothers to the president of El Salvador urged the faithful to remain strong.

The largest cryptocurrency by market value fell as much as 4.5% to $37,087. It peaked at $39,267 yesterday in New York trading, spurring optimism that it was on a path of recouping the losses that had pushed it down from an all-time high in November. Ether declined as much 5.7% percent.