Bitcoin broke above $70,000 for the first time ever, and was violently rejected minutes later. Several altcoins, led by Worldcoin and FLOKI, have produced massive gains over the past day. Bitcoin recovered most losses almost immediately and to $67,000 in the next few days. BTC’s notable run as of late, which culminated this week by charting a new all-time high two consecutive times, has been dominated by the bulls and bears.
Source: Jordan Lyanchev, 2024-03-10; https://cryptopotato.com/bitcoin-stopped-at-70k-floki-skyrockets-111-weekly-and-nears-top-50-weekend-watch/