Bitcoin Rally Stalls as Long-Term Holders Cash Out
Bitcoin BTC retreated from Monday’s record high of $123,000 to trade below $117,000, about 5% below the peak, as investors locked in gains earned during the weekend rally in one of the largest profit-realization events for bitcoin this year. Glassnode data shows that investors collectively realized $3.5 billion in profit over the past 24 hours, … Read more