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Bitcoin consolidates near $86,000 as rally narrows and Brent slips
Bitcoin cash rose 32% over 24 hours following a CME futures listing, while 38 of the CoinDesk 100 constituents were lower on the day.
Bitcoin traded in consolidation near $86,000 as momentum from a broader rally appeared to narrow, CoinDesk reported.
CoinDesk said 38 of the 100 companies in the CoinDesk 100 were lower on the day, alongside weakness in crude markets, with Brent slipping below $100.
The market also saw a standout move in bitcoin cash, which rose 32% over 24 hours after a CME futures listing, according to CoinDesk.
Latest closeWTI crude $90.73 ▼4.1%|Brent $96.22 ▼3.0%|Bitcoin $85,554.46 ▼0.7%