Live updates: Bitcoin’s round trip to $85,000 burns traders on both sides
Summary
Bitcoin recently dropped below $82,500 after a failed attempt to hold the $85,000 level, which caused significant losses for traders. This market decline was triggered by disappointing technology earnings reports. Meanwhile, Monero managed to defy the broader downward trend by posting a notable eleven percent gain.
Bitcoin gave back its run at $85,000 and broke below $82,500 as weak tech earnings soured the mood. XMR bucked the drop with an 11% jump.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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