Market Wrap: Bitcoin Stalls Near $40K as Buyers Take Profits
Analysts see the cryptocurrency's price as remaining range-bound.
Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
Bitcoin pulled back as traders digest regulatory developments in the U.S.
Analysts expect higher volatility ahead of Friday’s month-end expiry.
Bitcoin dipped below $40K as traders digest proposed crypto taxes.
Bitcoin hits its highest level since mid May and has risen more than 15% over the past week.