Eric Liboiron La Presse

Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

The price action suggests that crypto markets are in for more consolidation as the quick recovery from the early August plunge to below $50,000 continues to fizzle. The largest crypto has stuck in a downtrend since its all-time record of $73,000 in March, making lower highs and lower lows ever since.

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