Bitcoin, Ethereum Technical Analysis: BTC Erases Recent Gains as US GDP Disappoints – Market Updates Bitcoin News

Bitcoin edged lower once again on Thursday, as traders continued to capture profits following gains on Tuesday. The latest drop followed data revealing U.S. gross domestic product growth in the second quarter that undershot expectations. Ethereum likewise declined, dipping under $1,700. Bitcoin Bitcoin was in the red for a second consecutive session, as a mixture of profit-taking and general…
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