Bitcoin Breakout Stalls With Daily Trading Volume Also Tumbling
- Crypto products volume fell 34% this month: CryptoCompare
- Doge has jumped more than 30% this week amid Musk optimism
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Cryptocurrency price increases have mostly stalled following two days of gains that had spurred optimism for a more sustainable rally.
Bitcoin, the largest token by market value, declined as much as 1.5% on Thursday to once again trade around $20,000, a level it’s been stuck around for weeks. Ether was little changed, while an index tracking the 100 largest coins also fell.