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Ether tests 4100 as BTC snaps earlier downside

27 Dec, 2021

It was noted here earlier this morning; that Bitcoin was falling back and the immediate price action was sending it down towards its earlier session lows. In the event at earlier low (50,477) did hold and the price has rebounded quite sharply in recent trading. The fact that it was falling back earlier was rather at odds with that was going on elsewhere in the markets today. Well, perhaps that is why it has now recovered from that earlier sell off. The price of Ethereum has also made a similar move higher and just a few moments ago it rose to session highs at 4099, rising above the earlier Asian high at 4,095. The high set just now was at 4,099. ETHUSD is just now trading at 4,091

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