Bitcoin Pares Back Gains After Hitting $87K Resistance
Bitcoin briefly rose above $87,000 but met resistance and is now paring gains, trading up 1.6% to $85,938 for the day.
Bitcoin prices briefly moved back to the level they reached at the peak of last week’s surge, but appear to have run into resistance and are now trimming gains. 6% to $85,938 for the day after reaching $87,090 earlier, with analysts identifying $87,000 as a key resistance level for bitc…