Published on 24 May 2024 on Benzinga
The cryptocurrency rally came to a sudden halt in April after a robust 2023 and first quarter. The first quarter saw Bitcoin BTC/USD, the world's most popular cryptocurrency, hitting an all-time high of $73,750.
However, Bitcoin has since retreated sharply, with its price hovering around $68,000 on May 23. In fact, Bitcoin has fallen 15% since hitting an all-time high on Mar 14.