Challenging an all-time high earlier Friday, bitcoin has pulled back, giving up most of its weekly gains
The selloff in the rest of the cryptocurrency market was far larger as speculative fever cooled
The spot bitcoin ETFs are on their largest accumulation streak since launch, but it wasn’t enough for a sustained rally in price.
What was thought to be a challenge of all-time highs for bitcoin (BTC) has turned into a fast retreat in U.S. trading on Friday, with the world’s largest crypto barely hanging onto a week-over-week gain.
At press time, bitcoin was changing hands at $69,000, down 2.5% over the past 24 hours. That was far outperforming the broader CoinDesk 20 Index, which is lower by 5% over the same time frame.
Among CoinDesk 20 constituents, ether <a href="https://coindesk.com/price/ethereum/" data-position="autolink" title="Ethereum Price
