BTC moves higher, following a decline in U.S. consumer confidence.
/USD raced to a high of $1,658.69 earlier today, less than 24 hours after nearly falling below $1,600.
As a result of this surge, the world’s second-largest cryptocurrency climbed to its strongest point since last Thursday.Additionally, price strength has also risen past a ceiling at the 53.00 mark, with the index tracking at 54.68 as of writing. Despite this, the 10-day moving average still seems set to crossover its 25-day counterpart, which could prompt an upcoming sell-off.Register your email here to get weekly price analysis updates sent to your inbox:
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