Published on 26 Apr 2024 on Zacks via Yahoo Finance
The cryptocurrency market, which hit record highs in the first quarter, has slowed down over the past couple of weeks. Bitcoin (BTC), which hit an all-time high of $73,750 on Mar 14, has since then pulled back sharply and is now trading below $65,000.
In the past month, Bitcoin has fallen more than 8.2%. However, year to date, it has gained 45.4%, which is evidence of the underlying strength of the world’s most popular cryptocurrency.