Bitcoin rally paused after notching a new record high on Tuesday, suggesting that its supersonic rally in the previous session might pare a portion of its gains.
Bitcoin, <a class=cryptocurrency, BTCUSD, BTCUSDT">Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com
The benchmark cryptocurrency headed for its most robust one-day performance in more than three years as its price surged to $46,750 from $38,871 on Monday. The euphoria sustained into the next day’s Asian session, with BTC/USD hitting another historical peak level of $48,200.
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