Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Bitcoin Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Bitcoin (BTC) is attempting to reverse its weekend sell-off, although the cryptocurrency’s price could face short-term resistance around $53,000-$55,000. BTC was trading around $50,000 at the time of publication and is up about 3% over the past 24 hours.

Originally Posted on: https://www.coindesk.com/markets/2021/12/07/first-mover-asia-bitcoin-rises-on-encouraging-omicron-news-before-falling-back-ether-drops-slightly/
By: Muyao Shen, Damanick Dantes

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