Cryptocurrencies
Crypto Rally Cools as Ethereum Upgrade Optimism Loses Steam
- Bitcoin, Ether bounce off recently reached benchmark levels
- Rally had also boosted everything from Dogecoin to Polygon
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Cryptocurrencies were mostly little changed as the recent rally in market bellwethers Bitcoin and Ether cooled.
Bitcoin was down about 1% to about $24,074 as of 5 p.m. in New York, after reaching $25,000 over the weekend for the first time since the boarder market crashed in June. The largest cryptocurrency by market value is up about 18% since June 17. Bitcoin hit a record of almost $69,000 in the fall.