Cryptocurrency prices consolidated in trading on Tuesday with analysts predicting a Bitcoin pullback to $27,300 before the next surge higher.
- Tokens across the cryptocurrency market entered into consolidation on Tuesday following Monday’s price surge that was sparked by a false report that the Securities and Exchange Commission approved BalckRock’s spot Bitcoin exchange-traded fund application.
After briefly rising into the green near midday, the S&P and Dow finished flat, while the Nasdaq closed down 0.25%.
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