HONG KONG (Bloomberg): Bitcoin’s torrid rally has lost some steam this week, with the cryptocurrency falling for a second straight day Thursday to slip below its 10-day moving average.
The largest digital asset is down as much as 8.4% over a two-day slide and was trading at us$34,546 as of 11:50am in Hong Kong, according to price data consolidated by Bloomberg. The second-largest, Ether, was up slightly, holding at about $1,330 as the wider Bloomberg Galaxy Crypto Index dropped 0.5%.
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