Bitcoin pulled back to $67,000 throughout the Asian and European mornings, showing signs of a consolidation following Wednesday’s jump above $68,000. BTC was about 0.7% lower in the last 24 hours as of the late European morning, trading just above $67,000. Other major tokens showed similar minor retracements, with the broader digital asset market dipping 1%, as measured by the CoinDesk 20 Index. For the time being, bitcoin appears to have avoided an outright rejection following its move above $68,000 on Wednesday and is instead taking a breather, as traders wait for the next catalyst.
Source: https://www.coindesk.com/markets/2024/10/17/first-mover-americas-bitcoin-recedes-to-67k-as-crypto-market-sees-slight-dip/?utm_medium=referral&utm_source=rss&utm_campaign=headlines