Blockchain

Bitcoin (BTC) is hovering around $71,000, consolidating this week’s rally

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Bitcoin has fluctuated approximately $71,000 during Asian and European morningsafter the rally at the beginning of the week. The price of BTC was unchanged over 24 hours, remaining in a range between $70,900 and $71,100 for much of the morning in Europe, up about 0.1%. Elsewhere, the broader digital asset market, as measured by the CoinDesk 20 Index (CD20), remained similarly stable, up about 0.25% at the time of writing. Among the major cryptocurrencies, only ether shows a change of more than 1%. ETH is priced just below $3,850, up about 1.25% over the past 24 hours.

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