Are Crypto Stocks Still Worth Watching as Bitcoin Consolidates?

Quick Summary:

However, in recent times, crypto stocks have become less of a focus, even as Bitcoin hovers near crucial resistance levels, signaling a potential breakout.

Bitcoin's Recent Performance: Stable Consolidation Near Key Levels

While Bitcoin has traded mostly sideways for the past six months, showing an 8.7% decline during this period, it remains up 143% over the past year and 44% YTD.

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Article Details

Author / Journalist: MarketBeat

Category: Technology

Markets: United States

Topics: Contributors Earnings Misses Tech IBIT MARA Trading Ideas Cryptocurrency BTC ETFs Mid Cap Price Target $BTC Earnings News Global Markets New ETFs Analyst Ratings

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 18:54:11 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 655 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22841930

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About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 42 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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