Bitcoin Jump Stalls Around $20,000; Doge Pares Post-Musk Rally

  • Bitcoin hovers just above $20,000 level after two-day jump
  • Dogecoin got boost after supporter Musk revived Twitter bid
The $2 Trillion Crypto Wealth Wipeout
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A climb in Bitcoin paused on Wednesday as a dip in US equity futures suggested a two-day surge in risk appetite is set for a breather.

The largest crypto shed about 1% and was trading near $20,160 as of 6:32 a.m. in London, following its biggest two-day increase in about a month. Ether, Cardano and Solana were also on the back foot.